On Thursday, I particularly emphasized that the trend on Friday morning should not be higher than the high, otherwise there may be a dive in the afternoon. In fact, the trend of the last two days has been red in the morning, but in the afternoon it dived and turned green. There are two main reasons for this trend, one is that the top of the 30-minute level is not fully resolved, and the other is that the main force is deliberately smashing the plate and trapping **.
It can be said that in this position, the main force is well-intentioned. They launched a mid-yin attack for three consecutive days, and the last two mid-yin candles were barely made, although the body of the yin candle is not small, but the decline is not large. If it weren't for the main force deliberately opening high and pulling up and then smashing down, there would not have been such a large black candle entity. Now the three black candles have formed a bearish technical pattern, which has achieved the purpose of the main force to intimidate the market.
If Friday is according to my **, the market will be smashed down at the beginning of the morning, and it will be in place on the same day, and it will bottom out and rebound in the afternoon. All this is the main intention of the market. Although the market fell on Friday, the correction was not enough, which means that the best time to intervene still needs to wait. The market has not yet formed a panic market, and it still needs to go through a comprehensive general downward correction, which is expected to occur early next week.
In the medium term, we see this as part of the medium-term big bottom build-up, which falls below 2900 or not. Therefore, we need to be moderately optimistic in the medium-term direction, and it is now the darkness before the dawn. Next Monday is December 18th, and usually, after December 20th every year, the market will start to stop falling and gradually improve. It is an important window of opportunity for the mid-spring ambush.
The most pessimistic grinding phase is gradually coming to an end!