🌞6.19 Market Analysis!!!
Good morning, brothers!!!
The market is facing too many uncertainties, and there is a lot of news. Technically, the long-term cycle quickly broke below the daily support level but was swiftly reclaimed, resulting in an awkward situation of rising and then falling back.
The market is at a decision-making node for direction, it is recommended to focus on breakthrough strategies, avoiding chasing highs and cutting losses in the middle of the range. The delay in the Fed's rate cut is suppressing risk assets; if today's US CPI data improves, it may release positive liquidity.
#大饼 : The 4-hour chart shows a symmetrical triangle convergence, with the EMA cluster (105800–106200) forming dynamic resistance, suppressing price upward. The Parabolic SAR continues to be above the candlestick, confirming short-term bearish advantage.
Support level: 103600, Resistance level: 107300
#二饼 : The hourly chart MACD has entered the bearish region, RSI < 50 reinforces downward risk. VWAP and SAR have turned bearish, indicating a weak short-term trend.
Support level: 2480, 2420, Resistance level: 2635