7.1 Tuesday Mr. Zhao's Evening Market Analysis
During the day, the big pie fluctuated downwards in a stepped manner from around 107500 to around 106500. The second pie fell back to around 2445 from around 2500.
From the daily K structure, the big pie's head is under pressure and fell back showing two consecutive bearish candles, with minor support around 105500 and secondary support around 102000. Watch for resistance around 109500. From the four-hour structure, the big pie's head has increased in volume and broken down, the head's box is gradually reaching its peak, MA has formed a death cross and is running downwards, from the one-hour structure the big pie is showing a stepped downward trend. Watch for support around 106300.
Evening personal sharing:
The big pie is rebounding around 107100-107600, look towards around 106000-105500.
The second pie is rebounding around 2468-2488, look towards around 2428-2408.
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