4.29 Morning Analysis

Last night, we perfectly predicted that the US stock market would open high and then decline, with the large 🫓 dropping from around 956 to around 934 as expected. In the early hours, we indicated that if it couldn't break above 935, one could consider going short. Since then, it has risen to around 950 in a beautiful V-shaped movement. The points haven't changed, but the positions have disappeared due to regular operations. There was a certain upward movement in the morning, but there is heavy resistance above. Therefore, I still see it around 960 or 955. Please adjust flexibly according to market trends.

From a technical perspective, the daily chart shows a certain degree of correction, but overall it is still in a high-level consolidation. In the short term, it is in a clear sideways state. The MACD on the four-hour chart shows negative values, indicating certain pressure above, and the RSI is close to 60, not entering overbought or oversold areas, suggesting market stability. The KDJ on the hourly chart shows signs of turning, while the four-hour chart is moving upwards; therefore, we still prioritize rebound operations.

Rebound around 960-955 for operations.

Target around 943-436.

Rebound around 1835-1815 for operations.

Target around 1775-1745.