Today, the Shanghai Composite Index opened higher and continued to fluctuate upward, closing with a volume-driven moderate positive candle, approaching the 4200 mark. The trend was basically in line with yesterday’s prediction, but ironically, while the market rose so much, my own account actually shrank.

So the question is—can it continue to push higher tomorrow?

My personal view is this: the index is very likely to hit a new high in the short term, but it’s unlikely to go straight up in one go. A more probable scenario is that after the surge, the index will start to pull back, ultimately forming a doji or a small positive candle with a long upper shadow at the top. In simple terms, it will fluctuate around 4200, and after reaching the peak, it will enter a correction phase.

Why do I think this way? It’s actually simple—after such a long rise, technical indicators are already at very high levels, with all kinds of overbought signals everywhere. The stock market has never been a one-way street of only rising; this wave of rally is obviously overbought, and a pullback after the surge is no longer a risk but an inevitability.

In summary, tomorrow’s trading session will definitely see some upward push, but don’t expect it to soar to the sky. The likely pattern is high-level consolidation followed by a downward correction.