It's on, Kong ah Kong ah, I really dislike this kind of chaotic rhythm, knowing nothing at all, always being confused by a little bit of fundamentals, and not looking at the position, daring to shout at any position... This morning, Kong mentioned that it could go up around 102500 to 103000, with a support level at 102300. It has already come up nearly 2000 points now, so manage your positions well.
From the high position all the way to this morning, why did I say it could go up this morning? It’s not that I said it would crash just because it’s on, just like the Ukraine conflict, it went down first but then came back up. The fundamental reason is that the digestion of such fundamentals is relatively fast; there will only be big moves at that time, but the continuation is poor and it is easy to reverse. Secondly, the support below is relatively close, and it is a strong support, so it could go up; even if it only rises a little, there is much more space to take. Furthermore, don’t overthink it. A 1️⃣ to 2️⃣ thousand point move is basically not a problem. So don’t always be misled by fundamentals. Just like last Wednesday's CPI.