As the market has moved to this point on the chart recently, you can truly feel a kind of “tension before a storm.”
Many people only focus on the candlesticks, but lately I’ve been paying more attention to the wind direction outside the chart. This time, Trump’s resolve to drum up votes is clearly visible—just look at the frequent positive signals recently released by the SEC and CFTC; the regulators’ stance is undergoing a subtle shift.
From the perspective of the month’s cycle, October is the month of Wuxu (戊戌), with the Chen Ku opened. Chen Ku is a reservoir, and it’s also the largest—one of the four storages—that’s the hardest to open. But in this year, the Bingwu year (丙午年), the strength of the Huo Ku (fire reservoir) in Xu (戌) is strong enough to open it. This kind of resonance at the energy level often projects itself into intense volatility in the market.
Right now, the 82,000 level has kept failing to break through and has become the focal point of repeated battles between bulls and bears. Every time it reaches this point, you can see a batch of gamblers rushing in with 100x leverage, trying to bet on direction. Honestly, this kind of play is far too dangerous—a single spike can wipe them out instantly, with no time to react.
What I’m really looking forward to is what kind of行情 the market will move into once this “reservoir” is truly opened. Will it break upward to open up fresh space, or will it wash downward first and then build strength? This very uncertainty is exactly what makes trading so fascinating.
In October, enjoy the push-and-back feel. But remember: leverage is a double-edged sword—don’t let yourself become one of the gamblers who gets swept away. The real winners are always the ones who can last until the end.