Technical Analysis 2025-08-09
Weekly Level: 【Mainly Short】
Correction of the 6th wave in the upward trend, support at 100000;
// Currently in a sideways range, waiting for a top pattern to appear at the daily level to enter short positions.
Daily Level: 【Mainly Short】
Retracement tests resistance level, has not broken through the resistance level; if there is still no breakthrough in the next two days, the upward trend ends;
// Upper resistance at 116800, 120000
Intraday Level: 【Mainly Short】
If the daily breaks below 116000, the upward trend ends, small cycles and daily levels may resonate;
// Upper resistance at 116900, 118700, lower support at 114300, 112800;
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Weekly Level: 【Low Long High Short】
Large range fluctuation, upper resistance around 4000, lower support around 2785;
// Currently has not broken through the upper limit of the range, maintain low long high short; if the daily level closes bearish, then enter.
Daily Level: 【Mainly Short】
In the upward trend, using sideways to replace downward, the second upward probe has not effectively broken upward and is still regarded as a range fluctuation;
// Pay attention to around 4000; if there are intraday signals of a top, then can enter short.
Intraday Level: 【Low Long High Short, Mainly Long】
Upward trend, divergence pulling up; follow the trend then pullback to go long, against the trend then short in batches;
// Upper resistance at 3977, 4060, lower support at 3740, 3560;