4.10 Wall Street Morning Intraday Analysis

Core Information Review in the Chart:

1. Trend line resistance remains effective:

Prices significantly fell after approaching the trend line (around 83000), leading to a large bearish candlestick, indicating a false breakout followed by a confirmation of a pullback.

2. False breakout + large bearish candlestick drop:

Especially this large bearish candlestick broke below the support level of 81112, pierced through the consolidation area, and engulfed the previous two bullish candlesticks, indicating a strong return of short selling.

3. Current K-line position (79333):

Has fallen back to the lower edge of the previous small fluctuation area (bottom area of platforms 3-5), situated in a critical game area.

🎯 Direction choice:

🔻 Prioritize short selling (main direction)

🔺 Long position as an alternative (need to wait for more accumulation structure below, not recommended to catch the bottom now)