Tuesday's Market Intraday Trend Interpretation and Trading Ideas:
The market has shown significant volatility in recent days, with sharp rises and falls, undoubtedly adding great difficulty to everyone's strategies. In this situation, it is essential to manage positions well and ensure risk protection!
Regarding the current trend, since the 'big pie' is at a high level and has not yet fully formed a reversal, nor is it in a one-sided trend, intense fluctuations are unavoidable.
Currently, the big pie is in a strong range on the monthly chart, with solid support. Yesterday, after a sharp drop to the monthly support level, a stop-loss phenomenon appeared. After a short-term bottoming process over 6 hours, a relatively strong rebound was welcomed in the evening.
At this moment, it is still necessary to pay close attention to the trend of the big pie, as its fluctuations will have a significant impact on other trends. From the current structural view of the big pie operating at a high level, a terminal pattern of large-range fluctuations has formed, and it is expected to enter a period of fluctuations again on the daily chart.
However, the strong rebound after the drop yesterday morning is still in its initial stage, and the possibility of a continuous sharp decline is low. Following last night's upward movement, it is expected that there will be some adjustments in the morning session, with support in the 97000 range, and it is crucial to see if this rebound pattern can be formed subsequently. In short, a short-term 6-hour level fluctuation rebound is expected to arrive!
