Let’s talk about 312. It’s 312 today. I seem to have been stunned by the 312 last time. I thought there would be a 50% cut in half today.
No one explained the reason for the 312 incident. In fact, there was no reason, it was just a technical necessity. The 312 cut in half occurred during the decline after the divergence of the daily line on February 15, 2002, and then suddenly fell sharply after forming a nest of three types of selling points in the decline, and this three-sell was also a second-sell. This kind of selling point Resonance will of course lead to a rapid decline. On the other hand, look at the ones that have risen by 50% every day. Which one is not a nest of Category 2 and Category 3? In addition, after the 312 plunge, the third section of the weekly center was completed.
Will it fall sharply this time? There are no technical factors like 312 in the current trend, except for systemic risks. The current trend is the divergence of the 4-hour trend. The current divergence shows signs of consolidation and divergence, and it has not yet formed a range. After it is formed, it is estimated that 312 will pass.
This consolidation divergence will bring the trend back to around 65k (a correction of around 15%). The probability of returning to the second daily center around 52k (a correction of around 30%) is very small, and the probability of a 312 market is even smaller.