In the past few days, it has been said that a pullback at the daily level will not easily rise.

If it does rise, but does not break through the previous high, then it will form a double top, indicating that this wave of the market is over.

From the perspective of the institutional trader hunting for long positions,

at around 103000, the bulls are indifferent; this pullback is definitely insufficient.

The institutional trader will definitely create a false support in this range. If you dare to get in, if you dare to position yourself, at three in the morning, when the night is deep and quiet, the institutional trader will strike hard, creating chaos,

The next day when you wake up, the wind at the mountain top feels so refreshing.

And based on how crazy the emotions were earlier, the subsequent despair will be just as intense; at 95000, it's life or death, at 92000, it's utterly cut off. This is the true slaughter and pullback.

What do you all think, if there is a pullback, where will this wave reach?