[Red Envelope] Draw the wave pattern here.

Elliott Wave Theory isn’t a tool for quantifying buy and sell points. Its biggest role is to give investors a clear map, so they know where the market stands right now and what roads lie ahead before them.

By giving investors one more ruler and one more frame of reference, it helps us tell apart whether the present is in a trend market within a larger cycle, or in the emotional noise of a smaller cycle.

Without this map, without this ruler, it’s easy to think the bull market is here after a two-day rise, and then feel like the sky is falling after a two-day drop—being confused or misled by single-day or short-term gains and losses, or by sudden news, which leads to haphazard trades.

People who only understand Elliott Wave Theory halfway are prone to fixate on wave patterns, hence the saying that “each person has their own waves.” Those who truly understand Elliott Wave Theory will hold this treasure map, look for faint traces to quantify buy and sell points, and ultimately find clear buy and sell points.

As for what happens outside during the holiday period, and what impact it has on tomorrow’s market open—those lofty questions, let the experts from all walks of life go analyze them.

When it comes to chasing international affairs, it’s not as interesting as chasing celebrity gossip—at least there’s still something to talk about.