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#Shanghai Composite Index
For friends who trade A-shares, recently reduce positions on rallies and clear your holdings!
I warned before the Spring Festival - daily chart bearish divergence, you can see it in the MACD.
4120 is the short-term top, which could trigger a 30F-level decline. 3943 will be a foothold for adjustment, forming a new daily-level pivot, then exploring down to 3860, oscillating and adjusting, then rallying up again. Only when a buy point forms above 3943 is there potential to breach the 4500 level!
All of the above content was repeatedly discussed in previous videos! In any case, the market is currently in a dangerous period - don't hold heavy positions!
I'll make time soon to do a video and analyze this in detail!