Evening Analysis on October 26
Big Cake: Trading around 108800-109500, with the first target looking towards the 113300 area. Support at 108300.
Second Cake: Trading around 4380-4350, target around 4500-4600.
The daytime market shows a consolidating pattern, and in the absence of major fundamental news expected in the evening, the overall trading strategy suggests focusing on low trading positions.
From a technical analysis perspective on the hourly timeframe:
Currently operating in the middle Bollinger band area; if this position breaks through and stabilizes, the range is expected to open further, allowing for upward targets.
Simultaneously observing MACD, its energy bars are showing a continuous expansion trend, indicating that short-term bullish momentum is still increasing.
