10.17 Duokong's last game, who do you think is the winner?
The big cake rose continuously during the day, from the morning low of 66000 to the high of 68400. The impact of 70000 began to be weak, and it quickly pulled back to around 67000. The first quotation of big cake was 67786, and the concubine was 2614. This position belongs to the fierce game position of Duokong
In the current market situation, from the 4h level, the price trend shows a more obvious feature. It is currently consolidating near the upper track, and this stage is often the key period for the market to accumulate power. After consolidation, once the accumulation is completed and the volume is released again, the space and volume are effectively released.
Although the second wave adjustment may be constructed in the short term, this only means that there may be a short-term local consolidation of the high point or a correction. However, this consolidation will not change the overall trend. Judging from the current situation, the basic pattern of the market is still stable, and it is completely logical to continue to look up in the short term.
First, the consolidation near the upper rail indicates that the market is looking for a new breakthrough direction, and the accumulation of momentum provides a strong impetus for the subsequent rise. Even if there is a second wave adjustment, it is only a brief pause in the rising process, in order to better continue the upward trend.
Secondly, from the perspective of technical indicators, although various indicators may fluctuate in the short term, they still support the continued upward trend of prices as a whole. At the same time, there has been no major change in the fundamentals of the market, which provides strong support for the rise in prices.
In summary, we firmly believe that under the current market conditions, retracement is an excellent opportunity to enter the market, and we should firmly look at it. In terms of operation, we can pay close attention to the retracement range of the market and choose the right time to enter the market to obtain greater returns.
Operation suggestion: Big cake enters at 672-675, target 690, break to 70000, Auntie enters at 2580-261, target above 2670
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