5.5 Evening Thought Analysis
From the current market analysis, on the daily level, the trend of the shipping situation 📉 encountered resistance, achieving a recovering rebound, and the market formed a long lower shadow. This pattern reflects the tenacious resistance of the bulls at critical points, and also indicates that the current competition among bulls 🈳 is becoming increasingly intense.
The four-hour chart shows that after reaching a low near 934, a rebound correction occurred. It is worth noting that after briefly breaking below the lower Bollinger Band, it quickly rebounded and returned to the lower band operating range. Although this trend reflects short-term market resilience, from a technical analysis perspective, the current accumulation does not signal a trend reversal, but is more likely to lay the groundwork for further exploration of the bottom, indicating a high probability of a shipping situation 📉 trend. In the evening, focus on high positions, set stop losses, and do not resist against the trend.
Evening Trading Ideas
- Short positions near 948-953 for the big pie, targeting around 930.
- Short positions near 1830-1850 for the aunt, targeting around 1780.
