The short-term market has consistently aligned with expectations, and this round is again 1400 points. After a 9️⃣ game winning streak was interrupted once, there is now another 6️⃣ game winning streak. Why is this winning streak happening? It becomes clear at a glance when you look at the understanding of the market structure, from the resistance levels mentioned after breaking the high, to the oscillation range discussed after the pullback, and the subsequent low points of further pullbacks are all consistent in trend. At that time, many people blindly chased after breaking the high, while at the high point, the market either dared not surge or had doubts, which is understandable but not wise. Now, let's discuss why we first look at the market, then at the range, and then continue to look at the market.

First, after breaking the high, there are still two resistance levels, namely the weekly and monthly Bollinger upper bands. At that time, these two resistance levels had no upward space, so it was said that under strong resistance, we could only first look at the market, and if we wanted to buy more, we had to wait until the upper resistance was breached before chasing, rather than blindly following under strong pressure, which is likely to lead to buying at the ceiling.

Secondly, regarding the pullback, after the pullback, there are only two types of market movements: either time correction or price correction. Regardless of which type of correction it is, it tends to lean towards the market trend, which also emphasizes that arrangements should focus on high market positions and support low positions.

Lastly, regarding the turning point. After the time correction, the lower parallel low point breaks first, and the rebound just happens to be pressured at the low point extending upward to become a top resistance, which is yesterday's high of 109100. When the bottom turns to the top, the trend is no longer upward. Once the turning point is formed, there will be further pullback, so yesterday it was emphasized to continue waiting for the market at 108800, don’t rush out too early. Until the lower parallel point's support at 104500.

So it has never been about blindly chasing trends, but rather analyzing based on changes in market structure, taking one step at a time, to go further.