7.18 Friday Evening Market:
The midday market fell from around 120800 to about 118400 due to increased pressure, and is currently oscillating around 118700.
The midday market continued to rise to around 3675, then pressure increased to about 3585, and is currently rebounding to oscillate around 3620.
From a four-hour structure perspective, the market pressure is showing a downward trend. We should pay attention to resistance around 120300 above, and a small support at around 118000 below, with a secondary support at around 116300. The one-hour level pressure is also showing a downward trend, with a small resistance around 119500 above and secondary resistance around 120800.
Evening:
The market is expected to rebound around 119000-119300, look towards 117700-117200, and if strong, look towards 116500.
The market is expected to rebound around 2630-2655, look towards 3575-3555 for benefits.
There will always be a difficult period that makes you doubt yourself, but that is just the norm of life; the more you experience, the stronger you become.
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