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The wave-shaped structure of the Shanghai Composite Index is relatively clear from the 5-minute chart. Yesterday, the highest point of 3494 points fell to 3416 points, which is a typical 5-wave decline. Note that there is no push here, but an irregular wedge is used to adjust. Usually, the wedge is more regular in the big cycle, and the small cycle is always messy.The wave-shaped structure of the Shanghai Composite Index is relatively clear from the 5-minute chart. Yesterday, the highest point of 3494 points fell to 3416 points, which is a typical 5-wave decline. Note that there is no push here, but an irregular wedge is used to adjust. Usually, the wedge is more regular in the big cycle, and the small cycle is always messy.The wave-shaped structure of the Shanghai Composite Index is relatively clear from the 5-minute chart. Yesterday, the highest point of 3494 points fell to 3416 points, which is a typical 5-wave decline. Note that there is no push here, but an irregular wedge is used to adjust. Usually, the wedge is more regular in the big cycle, and the small cycle is always messy.

How to go next in the A-share market?How to go next in the A-share market?

There was a wave of resistance in the index this morning, which is what I expected before the market. In fact, the adjustment started at 3494 here has just begun, but the index can't fall down at once. Didn't we say that? He wants to make you feel like you can't fall down. He has a plan to give a set of perfect plans to lure more people, and then harvest them when the time is ripe!If you decide that the market will be adjusted as a whole in a specific period, then all the resistance, rise, positive line, high opening, high rising and reverse pumping in this period are used for subtraction and rest. You can't hold every backhand in place at all. Sometimes, the more you pursue perfection, the easier it is to get hurt. That's how past scars come about.There was a wave of resistance in the index this morning, which is what I expected before the market. In fact, the adjustment started at 3494 here has just begun, but the index can't fall down at once. Didn't we say that? He wants to make you feel like you can't fall down. He has a plan to give a set of perfect plans to lure more people, and then harvest them when the time is ripe!