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Don't remind me again today

The A-shares finally came to an end in November, and the strong six consecutive ups on the monthly line have also come to a halt. After looking at today's market data, I feel that December will likely still be fluctuating back and forth within the trading range.



Regarding how to proceed next week, I have a few judgments here:

Let's start with a reference frame - the走势 of the Shenzhen Component Index on January 24th of this year, today's market data is very similar to that day. Following this logic, it is very likely that we will first see some fluctuations and a pullback, and then continue to move upwards.

In the time window, the main theme should still be a rebound before December 12th. The core driving force? The expectation of the Federal Reserve's interest rate cut is still fermenting, and this logic has not changed for the time being.

Next Monday is highly likely to pull back. The reason is simple - the index has now hit the trendline resistance, and without an increase in volume, it wants to break through? That's not very realistic. Unless there are unexpected positive developments over the weekend, I won't change this judgment for now.

Today's rebound is actually quite awkward, with low volume and stuck at the resistance level. The trading volume is insufficient, and it's hard to push further. In this case, a pullback is actually to gather strength.

Overall, my understanding of next week's script is as follows: on Monday and Tuesday, we will first complete the pullback and shake out the floating positions, then the market will initiate a main upward wave on the 1-hour level. The pace doesn't feel too fast, but the direction should be clear.

Of course, the market is always full of uncertainties, and this is just an extrapolation based on the current signals. How it specifically unfolds still depends on closely monitoring the market data and changes in news.
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BearMarketMonkvip
· 5h ago
Here comes another trap of shrinking volume at the resistance level, honestly tired of seeing it. That's quite right, without enough volume, don't expect a breakthrough; reality is just that heart-wrenching. The probability of a pullback next Monday is indeed high, just afraid it's another feint to play people for suckers. Is the main theme a rebound before the 12th? I think it's more like a scythe melody, haha. Every time it's about gathering strength, but after gathering for half a day, it's still sideways; it's better to just lie flat. That comparison to January 24 is indeed interesting, but this wave of volume is obviously much weaker. Floating chips shaken out? I'm afraid even my little position might get shaken out.
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NFTArchaeologistvip
· 5h ago
Decrease in trading volume at the resistance level, will it pull back again next Monday? Forget it, I’ll just lie flat and watch the show.
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NewPumpamentalsvip
· 5h ago
It's another low-volume situation at the resistance level, get ready to buy the dip next Monday. The comparison from January was a bit forced, and whether this time can replicate is still uncertain. If the volume is insufficient, wanting to break through really requires a pullback to build strength. A rebound before the 12th is certain, just worried that the Fed will pull some tricks again. Floating positions should have been shaken out; if the rhythm is clear, there will be a chance later.
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RugPullProphetvip
· 6h ago
The volume hasn't kept up and you think it can break through, dreaming haha --- Monday's pullback is certain, just afraid of some tricks over the weekend --- Six consecutive days of gains have come to an end, it's time to sweat it out --- I acknowledge the logic of a rebound before the 12th, the Fed still has some play in this wave --- It's another low-volume top, this routine is getting old, just wait for a pullback to gather strength --- History repeating itself? Then we’ll see the follow-up on January 24 --- The resistance level is stuck and can't move, the floating positions need to be shaken out --- A month of churning in the trading range? I advise you to prepare mentally --- I also see Monday and Tuesday's pullback this way, the main rise has to wait until the floating positions are cleared --- The market is highly variable, this prediction is just for reference, don’t take it too seriously.
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