Thursday, August 22
The smartest thing is not to pick up something that others haven't picked up, but to pick up something that others don't want to pick up.
The price of the big cake rose again during the midnight, and the highest price rose to around 61,800.
The volume of the late market in recent days is greater than that of the white market.
From the current market, the daily line closed higher again with a positive K. The middle rail support is also not much different from the support level we gave. The daily line broke through and stabilized the middle and upper rails, but the pressure on the upper rail is also relatively strong.
The current market has not given a trend of testing the upper rail, so it is still difficult for the current route to continue to close higher and test the upper pressure level.
Combined with the current 4-hour line, accompanied by a positive K directly through the middle and upper rails, the upper rail broke and then showed a two-consecutive negative retracement. The current market has given a retracement of nearly 1,000 points. Although the upward trend line has not been broken, the possibility of the current market retracement driving the short volume is still relatively large, so our order-making ideas should not be limited to one side. In terms of operation, we can first look at the retracement and then continue to look at the stretch. Pay attention to whether the market continues to fall below the 60,000 mark in the future. In terms of thinking, the short-term is still based on high-low.
Dabing recommends around 61200-61500⬇️, 👀60000 break to continue, otherwise it will be reversed.
Light position with bamboo shoots
(Personal suggestion, for reference only, the specific ten pans shall prevail, investment should be cautious)