Market Index Analysis - The Shanghai Composite Index has experienced ten effective upward cycles, indicating a potential turning point, leading to a normal adjustment phase [3] - The index is currently near the 60-day moving average and the half-year line, facing significant pressure, suggesting a continued adjustment period in the coming days [3] - The daily K-line shows a notable lower shadow, indicating a potential stabilization signal, but the index is not yet at a definitive adjustment point [3] Sci-Tech Innovation 50 Index Analysis - The Sci-Tech Innovation 50 Index formed a doji star, suggesting a potential short-term stabilization after two consecutive trading days of similar K-lines [5] - The index is in its fourth effective adjustment cycle, with a small turning point expected soon, but the rebound space is limited due to a low five-day moving average [5] - The weekly level indicates it is in the sixth effective adjustment cycle, with several weeks remaining before a new turning point, implying a continued adjustment phase [5] Overall Market Sentiment - The current A-share market is characterized by structural trends in individual stocks as long as the main index does not experience a significant decline [5] - Successful trend trading is essential for achieving stable segment profits, emphasizing the importance of analyzing K-lines, patterns, and central structures [5]

Core Insights - Gold prices are approaching the 3400 mark, raising questions about the sustainability of this upward trend [1] - The US dollar index has reached a historical low during the day, which may influence gold prices [1] - Trend traders are advised to pay attention to specific signals in the market [1]