In terms of the general direction, the downward structure of daily K and weekly K is complete. From the perspective of daily line, the first high point after 73777 is on June 5, and the second high point is on July 16, with an interval of 41 days. At present, the daily line has a vague trend of the establishment of the third high point, which is almost from the 27th to the beginning of September. Moreover, the closing of boll also meets the signal of market change.

From the perspective of weekly K, MACD is close to the zero axis. Some people are bullish at this position, because the fast and slow lines close to the zero axis are golden crosses and the rebound is broken upward to break the high point and go out of the second wave of bull market. This analysis is consistent with the analysis of most so-called teachers who lead orders in the current square.

In my opinion, if this position rebounds upward, the second wave of bull market will definitely not last long, even if it breaks the historical high point, it will accelerate downward. Therefore, in my opinion, when the weekly K is close to the zero axis, the risk increases, and there must be another wave of accelerated downward market. It resonates with the downward trend of the third high point of the daily line.