In mid last month, how many remarks shattered the psychological defenses of how many people? And how many people have criticized the results of the wave predictions? It seems that wave theory has become the most incorrect method of technical analysis.
But the fact is that the big pancake still lacks the final wave; no matter what, it must break the previous high of 11 to complete the final wave.
On May 30, I also mentioned the same conclusion.
Currently, the market is completing the last wave of the purple line. No matter how high this wave goes, as long as there are signs of an end, it will be very dangerous. But now no one knows how high the final wave can go before it ends; the best approach is to avoid trading and avoid interference from news. Do not short, and do not go long. Those who went long previously should not take profits, and those who went short should not take losses. Quietly wait for the end of the fifth wave.