Market Analysis at Midday (Friday, August 26)

time:2022-09-29 05:14:26 source:clevelanddrifters.com author:Stock market
Market Analysis at Midday (Friday, August 26)

Daily 2863 (starting on April 27) rose on the 84th day: daily wave 1 = 46 days time and space 2863-3424 = 561 points, daily wave 2 = 38 days (A wave = 21 days 3424-3155 = 269 points Wave B a = 10 days time and space = 3155-3296 = 141 points B wave b = 5 days time and space = 3296-3199 = 97 points Sky Room 3342). The 120-minute period starting on April 27, 2022, the range-topping forecast chart. The broader market opened slightly higher today and reached the highest point of 3266 and began to fall back, up 2.79 or 0.09% to close at 3249. Yesterday we said that there are two kinds of judgments on the market. 1: (Small probability) Because the decline on Wednesday was too fast, and it fell below the double trend at one time, but because of yesterday's sharp rise and this morning's strength, it is the 7th day since the adjustment from 3296 to today. The wave is down for 9 days, so the probability of judging the beginning of the C wave down is greatly reduced. Two: (currently high probability) It takes 10 days to rise from 3155 to 3296, and 5 days from 3296 to the low point of 3199 today. The time and space for adjustment have been reached, and the probability of small c rising to continue to run the big B wave is at Increase, the time is the same as small a = 8-10 days, the space is = 2*3/1=3296*3199/3155=3342. The standard for confirming which is the case is that a new high of 3296 is a big B wave c, and a low point of 3199 is a big C wave adjustment. This is the standard of the two market situations. If it is a big B wave c, it will hit a new high of 3296. There will be a large-scale top passivation here. Focus on the 90-minute and 60-minute periods. If the big B wave rebound ends, there is a high probability that there will be a big C wave behind. the fall. In general, we still judge that this is a volatile market, and we do not judge that the daily wave 3 is rising, and the large level ends in the decline of the big C wave. Going out tomorrow and the day after tomorrow, no articles, I wish you a happy weekend, see you next week. Personal opinions are for reference only, and transactions based on this are at your own risk.

(Responsible editor:Aerospace stock)