This week is almost over, and after a week, we have gained over 18,000 points, only being swept by one Dan. The trend is roughly in line with expectations; when it was said to pull back, it was indeed pulling back, and when it was said to move sideways, it was moving sideways. The previous strategies compared to the trends make this clear. A new month has already started, and a new week is about to arrive, so how should we view the upcoming situation...
From the seasonal perspective, the high points above are parallel, showing strong resistance, making it difficult to break through. Thus, this large bullish candle is the weakest one, and the strength is already slowing down. After the monthly season has gathered, the high point pierced the upper Bollinger band resistance. Note that piercing does not mean breaking through but can easily form a turning point, and the turning point in the seasonal rhythm presents a contracting tendency, which can lead to further pullbacks. The weekly season has already shown a downward trend, and if it closes at the bottom, the weakness will continue. Even if there is a rebound, it won't be significant. On the daily season, the first pullback has broken through the middle Bollinger band, and it continues to decline with consecutive bearish candles, indicating a weak trend; at best, it will just oscillate and continue to weaken. Overall, the new week looks like the weakness will persist.
Long-term range 104700 to 105500, looking at 98000 to 96000
