September 6th, Big Pie Aunty's Evening Thoughts
From the 4-hour level perspective, the market remains weak. The candlestick is firmly pressed below the middle band of the Bollinger Bands, indicating a lack of upward momentum, and the bears still hold the initiative. The upper and lower bands of the Bollinger Bands are clearly narrowing, and the market is building momentum, but if it cannot stabilize above the middle band for a long time, it is highly likely to choose a downward breakout, and the lower band support may be tested again at any time. More crucially, the range of 112500-113000 has been repeatedly rebounded against but has never been broken, indicating heavy selling pressure above, with the rebound merely a weak repair that cannot shake the overall downward trend.
Looking at the 1-hour level, the situation is more intuitive. Each pullback dies near the middle band of the Bollinger Bands, indicating that the bulls lack the strength even for a short-term counterattack. In terms of MACD, the green bars are expanding again, and the DIF has crossed below the DEA, showing a clear weakening in the short term. If the price cannot quickly recover to 111500 within the next hour, the risk of continued decline will quickly increase. The trading volume also provides confirmation: volume increases during declines, decreases during rebounds, and the attitude of capital is clear—no one is willing to chase the rise, and capital chooses to escape during rebounds, which is a typical characteristic of weak rebounds.
Personal Suggestion
Big Pie: Enter the range of 111800-112500, target downwards to
110000-119000, break downwards to look at 107200
Aunty: Enter near 4400, target downwards to 4250, break downwards to look at 4100#非农就业数据来袭