Review: stop falling, short-term **.
Today we will look at the current market from the point of view of pure technical analysis. There are two very classic trading rules in the technical pattern, one is called the 123 rule, and the other is called the 2b rule, of which the 123 rule is simply the **trend** process, and the new low does not break through the previous high, the pattern is similar to the n word, which is a signal of trend reversal, and now the market has been destroyed in this pattern, and will not be repeated.
It is important to see if the current position can get out of the second reversal pattern, which is the 2b rule.
The English name of the 2b rule is twice breakout, which means two breakouts, and as the name suggests, there are two breakouts in this pattern. Take the bulls as an example, when **After experiencing a large **, a new high point A is created at a high level, and then ** retracement is launched to form a low point B, and then ** quickly rushes up to create a new high point C point, but ** can not continue to be long, but in a short period of time again to turn short, and fell below the previous high A point, when it falls below the previous high A, it forms the second break, which is the break point of the 2B pattern, look**.
Assuming that today's 2882 points are regarded as point C, ** continues, then this low can no longer be broken in the later finishing stage, and breaking through the previous high can be regarded as the establishment of the 2B rule, and the medium-term reversal. If ** falls back and breaks 2882, then there is nothing to say!Ask for more blessings!
There is nothing new on Wall Street, history repeats itself, human nature dictates it, wait and see. Is the A-share bull market coming?