The market is always unpredictable, with the first support level around 118800, followed by a rebound to near 119500. Investors should remain vigilant; if a take profit point is not set, at the very least, ensure the safety of the principal by setting a stop loss to protect the principal. This is the most basic respect for the market.

After the first touch of support, it is recommended to observe the market trend, especially whether it will break the support level again. Based on the observation results, decide whether to re-enter the market. The same strategy also applies to the second and third support levels. Each support level usually experiences a rebound after being touched, but the magnitude and duration of the rebound vary depending on the circumstances.

Investors need to decide at what position to take profit or stop loss based on their own risk tolerance and market judgment. After all, the market is changing rapidly, and no one can watch the market 24 hours a day. Nevertheless, in the long term, the overall trend of the market still leans towards optimism.

In the investment process, protecting the principal is always the primary task. Even when optimistic about the major trend, one must remain vigilant about short-term risks. Setting reasonable stop loss and take profit points not only protects existing gains but also reserves funds for potential future opportunities. Remember, successful trading is not just about seizing opportunities, but also about managing risks.