Hexun Investment Advisor Wang Peicheng: This week's market performance did not disappoint! What to do next week!

This week’s market has lived up to expectations. Wang Peicheng from Hexun Investment Advisory has emphasized repeatedly on Monday that we must hold on; no one should take away the last bit of chips. The market has reached its peak and its bottom; it won’t drop any further. There is a high probability of a strong rebound on the next day. I asked everyone, all of this was discussed last Friday, and it has all come to fruition. Then I told everyone on Monday that the market would rise on low volume and continue to rise on Tuesday. I also mentioned that as long as this wave of the market does not increase in volume, there is no need to be afraid of small declines. Are you afraid of the pullback on Thursday, my friends? We shouldn’t be afraid, especially since the overseas markets dropped last night. I said not to worry; today’s market would open low and rise high because the structure is not yet complete. Friends, the three major indices have not synchronized with the gap; this first wave of rebound has not ended. However, the essence of this first wave of rebound lies in seizing the market. If you are even a little slow, you won’t be able to catch the rhythm of this wave. The bullish momentum that has gone back from this position won’t return. So, what should we do next week? Next week, we must be cautious; the indices may reach the resonance point of the previous highs on Monday or Tuesday. What will happen at the attack point? It may come with an increase in volume. Therefore, if there is an increase in volume on Monday or Tuesday, the market may pull back and adjust at any time. We need to make a subtraction then. Alright, be careful not to get carried away and mistakenly make an addition; at that position, we should be making a subtraction. So, for next week’s market, there is a high probability that we need to translate carefully, grasp the rhythm, and understand the method; only then can we navigate this wave of the market to avoid losses. Otherwise, everyone will repeatedly face market cleansing at this position.

(Author: Wang Gang HF004)

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