$Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ As ...

From a technical perspective, look back at previous stock market crashes. $SSE Composite Index (000001.SH)$ Looking at the historical extent of stock market crashes, in 2005 it was 450%, in 2015 it was 150%, today it is only 35%, and it has retraced by about 13%. It is clear that many funds have not entered the market yet, they are all observing. Just a 35% surge and a significant retracement, thinking that a stock market crash will happen. Is this reasonable in the current era of massive liquidity injections? From the perspective of candlestick structure, the bottom is at 2700, with a 2B bottom exploration support followed by a strong rebound, reaching up to 3700, but failing to break through due to strong resistance above. Then, on a weekly candlestick level, there is a triangular convergence pattern, in short, breaking on either side will determine the direction for the next few decades. For top speculative traders at the weekly level, the stop loss at this position only needs to be placed at 2700, with a very large risk-reward ratio. Victory means seizing the extremely bottom position of the rising trend for the next 10-20 years; defeat means a painful exit at 2700, leading China into a long bear market. Therefore, the risk-reward ratio is very favorable, which is why some prominent figures are bullish and heavily invested. For long-term speculators, this position is very reasonable.