As we all know, Fridays are definitely not very calm. The major direction is expected to be decided tonight, and it seems that this restless market trend is inevitable.
In terms of the current situation, the structure is actually quite clear. Although last night the market saw some recovery due to positive data, it still cannot hide the downward trend. The daily chart shows a doji candlestick, and compared to the previous few days, the volatility has further contracted, with strong momentum building both upwards and downwards. We are at a critical point in this tug-of-war, and during the day, we will first plan to sell high and buy low.
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