The market has seen a widespread decline, with over 3600 stocks weakening, but the overall trend has not concluded.
Closing data shows that the market's performance largely aligns with previous predictions. After fluctuating and rising in the morning, it experienced a pullback in the afternoon, with stocks simultaneously under pressure and declining.
It is clear that the market has bid farewell to the phase of widespread gains and has officially entered a rotation cycle, which significantly increases the difficulty of subsequent operations. Investors can maintain patience and wait for the right moment to position themselves.
In a rising market, there are often multiple waves of rotation. Currently, we are only in the phase of a pullback following the first wave of gains. Investors can hold onto quality stocks and wait for rotation opportunities, as a second wave of price increases is still expected.
In the short term, the market experience may be relatively poor, but it is anticipated that from this weekend to early next week, the market will regain upward momentum and continue its upward rhythm.
Today, the market reached a high of 3936 points, just 14 points away from the target of 3950 points. This high point is not the endpoint of this market cycle.
Overall, the outlook remains bullish.