7.1 Daily Analysis
Yesterday, the market was still in a range-bound fluctuation, first ↓ then ↑ as expected. The price started to slowly ↑ test, and after reaching around the 10w79 line, it encountered resistance. The overall oscillation pattern has not been broken, and there is still room for further ↑ movement. In this environment, maintain a light position and stay alert ↓. Please adjust flexibly according to market trends.
From a technical perspective, the overall wide-range oscillation shows that the MACD histogram has turned negative to positive but with weak momentum, indicating a downward trend. The RSI value is around 48, which is neutral but slightly weak. The day is under pressure and showing a pullback, with short-term trends being quite apparent, and it is expected to find support and rebound again. Personally, I continue to be optimistic about the market, so in the early morning, I will mainly focus on low positions. (Defense is crucial)
When pulling back to around the 10w67 to 10w72 line, look for long positions.
Target: look at the 10w83 to 10w88 line.
When pulling back to around the 2440-2470 line, look for long positions.
Target: look at the 2510 to 2530 line.