再度触及历史高位，这次能否一举拿下？

Core Viewpoint - The recent performance of the North Exchange indicates a potential bull market, with the North 50 Index showing a cumulative increase of 8.13% over the past seven trading days, approaching historical highs [1][4]. Valuation - The current PE (TTM) of the North 50 Index is 69 times, which is lower than the previous peak of 77 times on May 20, indicating a favorable valuation environment [1][4]. - The small-cap growth sector shows even more attractive valuation, with a potential upside of 16% compared to its highest position [3][4]. Chart Analysis - The North 50 Index has reached the 1450-point mark three times since last year, with each subsequent pullback being smaller than the last, suggesting a pattern of higher lows [4][7]. - The analysis of previous market cycles shows a Fibonacci-like pattern in the magnitude of price movements, indicating a potential for a significant upward trend if the current cycle continues [5][7]. Volume Analysis - Volume is a critical factor for breaking new highs, with the current market showing stronger initial momentum compared to previous cycles [9][11]. - The recent trading days have demonstrated a more vigorous start, suggesting that the current market phase may be more promising than past attempts to reach new highs [11]. Summary - Valuation indicates greater upward potential with less resistance [12] - Chart patterns suggest a possible end to the previous stagnation around the 1500-point mark [12] - Volume trends indicate a stronger foundation for future market movements [12]