May 22 Market Analysis
K-line, strong breakthrough to new highs, 104500 is the weekly closing support level, and the high-level trend line resistance is around 115800.
BOLL, the 1-hour mid-track support is at 110000, and all above 6 hours are bullish breakouts.
MACD, all lines except for the 1-hour are golden crosses, especially strong bullish signals on the weekly and monthly charts, the daily chart has also turned to a golden cross, indicating opportunities for further upward movement.
KDJ, all lines except for the 1-hour are golden crosses, indicating continued upward movement in the medium to long term.
Summary: Medium to long-term indicators maintain a bullish outlook, the breakout of the previous high point at 110000 has brought new upward momentum to the market, and this breakout is not a one-time large upward breakout, but rather achieved through three rising waves of continuous oscillation and repair, indicating a healthy and orderly pattern. A further breakout is expected soon, and if a brief decline occurs, it will be a good entry point.
Want to double your account? Want to enjoy big profits? Want to successfully recover losses?
Stay close to the market and position yourself early for the main upward wave of the bull market!