(1) If it is a 3-4 adjustment, the maximum will not exceed 127534, and the minimum cannot fall below 73787; if it is a 3-2 adjustment, it must break through 73787, and the minimum cannot be lower than 54000; if it falls below 54000, it is considered to still be in a super wave 2.
(2) From 74500-97896, it has rebounded to 0.618 of the previous segment 109800-74500, and this area is considered strong resistance, with a high likelihood of starting a pullback.
(3) If this decline is a pullback targeting 74500-97896, it usually will pull back below 90877.
(4) If this is a new decline, it may find a bottom near 62500.
Note: The analysis and forecast are purely personal interests and do not constitute trading advice.
