Today I came back late because of something, and I estimate that posting next Monday will be even later. Some friends who are bearish like to compare the two rebounds in July and November last year with the recent flat-top rebound pattern. However, they overlook a common sense fact that we often say: things don't repeat more than three times. The July rebound had three days of luring buyers, while by November, it was down to only one and a half days of luring buyers. In fact, I have considered this pattern too. If this rebound is at the same level as the July and November rebounds last year, then once it comes down again, it won't go up again. This is because the market has a self-correcting function. This was my consideration on the 30th, taking into account the stronger side of the bears. The operation I did yesterday was planned ahead of time. As long as this line goes up, it won't repeat the pattern after the July and November rebounds last year. If it's a real breakout, even the worst-case scenario can form a three-wave pattern. Yesterday was the start of wave one. If the trading volume in the Shanghai market exceeds 10 billion yuan next week, it might form a five-wave pattern. Once the five or three waves are completed, it will just be the end of the first wave of the rebound. These are all assumptions. If the market shows strength, operate according to the strong trend; if it shows weakness, operate according to the weak trend assumption. Don't make one-directional predictions. This easily leads to being stuck in a rut and tying oneself up. If you can't imagine the future trend and have little understanding of patterns, the most effective method currently is to look at the rise and fall rankings. When the Shanghai market was at its lowest point this morning, I checked the rise and fall situation. The largest decline was only 4% for one stock, most were around 2%, while there were already five or six stocks with gains, and the leading ones had rises of about 5%. It can be seen that the balance of power between bulls and bears has clearly shifted, with the bulls now in the lead. If we ignore this, it indicates that our thinking has not yet come out of the previous weak phase. When doing stocks, the most taboo thing is this kind of inertia thinking. We must timely observe the market and watch the changes between bulls and bears. In this rebound, the main board market index is the strongest, the SME board index has the firmest bottom, and the GEM has just come out of weakness and entered a short-term strong zone. This kind of trend is hard to continue the previous medium to long-term weakness. Especially the SME board index 399005, I hope those interested friends take a look, it's not a small rebound state. Reading too many stock commentaries can blind your eyes. It's better to focus on the market, evaluate various sectors, compare several indices, and analyze the falling cycle versus the rising cycle. This way, watching the market may become clearer. Related thematic articles: Peking University Private Equity Training Class, From Swell Well to Understand Why Funds Chase Highs and Kill Lows - Peking University HSBC Business School, The Game in the High Pressure Zone Is Not Over Yet! - Lin Zhige - hyttlgxfc, Private Equity Training Course, Attention to Support Determines the Future Market - Jin Keyi Xiyang Teacher - Jinyue, Private Equity Training, "Sister Baidu" Instantly Sweeps Away Otaku Men - Dadao Editor - Dadao Editor - Jingu Blog, Private Equity Advanced Study, Wang Wei: "Decoding the Retailer Turning Into an Institutional Investor" - Video Classroom - Jingu, Peking University Private Equity Class, Persistently Cautiously Bullish - Liu Bin China Securities Futures - Liu Bin China Securities. Today's recommended website: http://www.simu365.com, http://www.ceolearn.com