📉 Today's Market Analysis | The Market is Delicate, Respond with Caution!
Today's market movement is quite interesting, with a continuous decline during the day. After the CPI data was released, there was a brief surge, but after the US stock market opened, it peaked and then fell back, returning to a downward trend.
🔍 Key Observation Points:
1️⃣ Is the rebound trustworthy? It currently seems more like a false breakout; pay attention to the 107000 support level on the 4-hour chart.
2️⃣ Trading volume is shrinking, prices are rising but buying pressure is insufficient; beware of the risk of a trap!
3️⃣ The MA30 moving average is flat; if it continues to close bearishly, the MACD may form a death cross, and the double top structure may be confirmed.
4️⃣ Greed Index at 78; historical highs are often accompanied by market shifts, so be cautious of the risk of a pullback.
💡 Operational Advice:
Exercise caution in the short term; if it breaks below 105000, the trend may turn bearish; however, if the pullback is in place, there may be an opportunity to position.
🤔 Are you trapped? Or are you preparing to buy the dip? Feel free to leave a comment with 168 in the comment section, and let's discuss market trends together!
