In the past few days, the market has experienced significant rises and falls. After taking hits for a whole day, I already closed my positions yesterday. This week has many risk events, and there will be a conference tomorrow. The recent market trends will also unfold during the U.S. trading session.
Currently, there is resistance forming around 93000 in the four-hour chart, and it is creating a trend resistance in line with the previous levels of 99000 and 95000. In the short term, it seems to have peaked. If the market moves above 93000 during the U.S. trading session, it will continue to push towards 95000-96000. For now, the strategy remains to focus on short positions, and once the market reverses, we can consider going long.
Short at 92500, add to shorts at 93000, with a stop loss at 93300, and a target of 90000-89500.