Daily level:

The daily level closed yesterday with a negative line with a shadow line and a body almost twice as large as the

Represents a new round of downward trend that started from 96500 the day before yesterday

For the first time, the price performance of the decline was blocked

But it should be noted that this is only a decline.

There is no sign of continued positive trend on the daily chart and no signs of buying coming in gradually.

Therefore, I personally think that the decline has not ended yet and the market is still in the market stage of the downward relay in the downward trend.

The market sentiment is still full of panic, but the market is currently in a consolidation phase, so the sentiment will be alleviated to a certain extent.

However, it is still necessary to note that the trend has not ended. We are currently in the stage of falling relay market, and the weekly level callback mentioned yesterday still exists.

Four-hour level:

After the four-hour level fell to the lowest point of 86020, it fell to a new low again

However, if the new low is not broken and three positive candles appear after the rebound, it is a positive K

It is worth noting that the real parts of these three positive K lines are not large and are getting smaller and smaller, and they are unable to form a combined engulfment of the previous negative K line.

This means that the buying power here is not strong, it is just a weak rebound caused by the settlement of profit-taking and the closing of low-level orders.

After the three positive lines closed, there was an obvious pressure level, and the upper shadow line gradually became longer.

That is to say, there was insufficient buying power during the weak rebound, and there was a 4-hour pressure range: around 89200-90000

The four-hour level is still in the adjustment stage. During the adjustment process, we will focus on the test of the pressure level. If it breaks through and stabilizes, it will be a preliminary rebound confirmation.

One hour level:

The pressure range at the one-hour level is consistent with that at the four-hour level: around 89,200-90,000

The pressure level is obvious and its effectiveness has been verified many times. After encountering a weak rebound in the falling relay stage, there is obvious selling pressure.

Panic sentiment still persists, but the continuous testing of the pressure area shows that there is continuous buying into the market.

It’s just that the main force is still in the process of waiting and watching, so the current market stage is in the stage of falling relay.

However, the small level is in the range consolidation stage after the trend has come out and the callback has ended.

Consistent with the hourly level, focus on the test of the upper pressure range