Thousands of People, Thousands of Waves

The fifth wave is coming, the last wave, which is the fifth wave coming from 74500, not the fifth wave from 98000, because this time the level of decline has expanded. In other words, the completion of the five waves will signal the end of this round of upward trend, so be careful not to chase after it. Further expanding the level, the fifth wave coming from 74500 can be seen as a terminal wedge, and a terminal wedge is generally regarded as the fifth wave, which very likely represents the last wave coming from 15000, meaning that the bull market is over.