6.25 Wednesday Morning Pancake Market Analysis Kong
From the current analysis of the market, the MACD on the 4-hour cycle shows a significant Kong head signal. The fast and slow lines form a death cross below the zero axis, while the red momentum bars begin to appear, indicating that the Kong power is accumulating. Combined with the fact that when it reached the position of 106200 in the early morning, the upward momentum was insufficient, and during the subsequent return process, the suburban volume significantly increased, which is enough to prove that the Kong head force is dominant. Looking at the hourly level, the middle band of the Bollinger Bands has been effectively broken and is continuously approaching the lower band, and the Bollinger Bands width is gradually expanding, which further confirms that the short-term downward trend will continue.
Operation Suggestion: Make Kong
Pancake: 106500-107000 look near 105000
