Yesterday, the DuoT head rose all the way up. By the early-morning “bingzi,” it broke through 87,000, reaching a peak around 87,300. The “yitian” also broke above 2,800, topping out near 2,806.
However, neither pair was able to hold their respective breakout levels and both have now entered a pullback. The uptrend has slowed somewhat, but whether the market has topped out is still not something we can conclusively say. Xiaohan won’t blindly guess a top—blindly calling a top brings no benefit. If the market continues to retreat afterward, Xiaohan will roll the ships with the low-position Duo now, then calmly observe how things develop next.
However, neither pair was able to hold their respective breakout levels and both have now entered a pullback. The uptrend has slowed somewhat, but whether the market has topped out is still not something we can conclusively say. Xiaohan won’t blindly guess a top—blindly calling a top brings no benefit. If the market continues to retreat afterward, Xiaohan will roll the ships with the low-position Duo now, then calmly observe how things develop next.
