After the non-farm data was released last night, the market performance broke conventional expectations. Although the data fell short of expectations, creating a bearish signal, the price ratio rose against the trend!! 🔥🔥🚀
Above the 97500 level, the bearish forces have repeatedly attempted to suppress, but the bullish side has never managed to achieve an effective breakthrough, showing that the bearish defense line above is solid! 💪💪
From a technical perspective, the K-line has effectively broken below the middle band of the Bollinger Bands, and has continuously closed with bearish candles, indicating a clear weakening of the short-term trend. The Bollinger Bands are gradually converging, and the middle band is starting to turn downwards, with bullish momentum continuing to wane.
The price ratio is continuously approaching the key support level near the lower band of the Bollinger Bands at around 96000. Once this support area is lost, it is very likely to trigger a new round of technical pullback!!
Sweetheart chooses to lead fans to short positions in the 96500-97000 range. I will notify fans of the target and stop loss 🌹🌹
As the market continues to change, we must closely monitor market signals and seize new entry opportunities. Like + comment, and I will take you through the bull market to firmly grasp this big opportunity! 🤟🤟
