Auntie's pullback from a few days ago............
Now it directly hit 2520, and many people couldn't hold their short positions and cut losses.
Long positions are also hesitant to chase — a typical situation of getting hit from both sides.
But at this position, to be honest, it's no longer a time for mindless buying.
Nor is it a point to recklessly flip positions.
Currently, there will be an emotional pullback in the short term, but whether it's a washout or a trend reversal will depend on the next few hours of the market.
What I focus on is the rhythm, not the emotions.
When the rhythm is stable, you won't be caught off guard by spikes and false rallies.
Right now, I'm watching a few key points: whether the four-hour closing can stabilize above 2450.
If it can, there will still be opportunities to push higher.
If it can't, then the rhythm will need to change.
At times like this, the most feared thing is a lack of directional sense, chasing highs and dumping lows, getting swept back and forth, and ending up not making any profit while losing out.
The market isn't that complicated; it's just that many people lack the right rhythm and position strategy.
How to operate now, how to defend, how to find key support and resistance, isn't about luck, it's about method.
Whether it can help you is hard to say, but I relied on it to turn things around.
This morning's positive news led to a decent long position, netting some gains.