11.23 Big Pie Aunt's Evening Thoughts
The fluctuations over the weekend have been considerable. Since the big pie stopped falling at 80600 last Friday, it has already recovered nearly 6000 points, and the rebound is faster than expected. However, for Xiao Zhuge, this does not mean that a market reversal has arrived.
On the 4-hour level, the price was quickly suppressed after reaching the middle track, and the trend structure is still running along the oscillating downward channel; the volume during the rebound has significantly shrunk, indicating a typical weak repair; although the MACD has a golden cross, the DIF is still deeply pressed below the zero axis and has not escaped the bear-dominated range. Overall, this round of upward movement seems more like a technical pullback in a bearish trend rather than a true trend reversal.
Personal Suggestions
Big Pie: Enter long at 86500-87200, with targets looking down at 85000 and 83500; if it breaks down, watch for 80000. Pay attention to 88000; if it breaks strongly, stabilizes above the 4-hour middle track, it may be an opportunity to go long.
Aunt: Enter long at 2830-2860, with targets looking down at 2760 and 2700; if it breaks down, watch for 2600. Pay attention to 2900; if it stabilizes, it may be an opportunity to go long.
