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Xuantong Wave Theory Video-11.30Xuantong Wave Analysis of the Rising Triangle of the Shanghai Composite Index

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Monday's video public class used the Shanghai Composite Index as an example to explain the four variants of triangles. The Shanghai Composite Index rose and fell with volume on Monday, indicating that there is no hope for the short-term index to break through. So in the future, it is highly likely that an ascending triangle will be constructed, and the key to identifying an ascending triangle is that the interior is filled with5Wave structure, and each wave is in an adjusted form, either three waves, double three waves, or triple three waves. The triangular adjustment wave is a relay adjustment wave pattern, representing the market continuing to break through in the previous direction after the completion of the form construction. Therefore, we remain optimistic about the trend of the Shanghai Composite Index before the year.

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