The morning market experienced a small 'V' reversal, first dipping to around 101400 for support, followed by a rapid rebound to around 102600.
This sharp drop and quick rise indicate intense competition between bulls and bears, but the direction remains unclear—Is it a trap for the bulls, or the starting point for a new offensive?
Currently, the price is in a wide fluctuation at the mid-range, and the MACD shows short-term rebound momentum, but the KDJ has entered the overbought zone, which may lead to a correction at any time.
Main intention: The quick rebound in the morning was not accompanied by increased volume, indicating that the bulls lack confidence. Be wary of a pullback in the afternoon!
Operational strategy: Sell high and buy low, quick entry and exit.
The suspense is left for you: Will there be a reversal in the afternoon?
The current market is in a sensitive position; once it breaks through key resistance or support, it will trigger a one-sided trend!
Will it continue to fluctuate or choose a direction?
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"For friends who cannot understand the market, it is better to miss out than to make a mistake."
Focus for the day: pnut trump wif
