The nighttime trend is basically consistent with the analysis from yesterday afternoon, with no institutional participation; it is essentially a mutual destruction between retail investors, with large holders unloading their positions.
Over the course of the night, the buying pressure at 93-92 was weak, while the selling pressure at 94 was strong, causing the long-short ratio to rise to 0.71.
What will today’s trend look like during the day?
The rise in data indicates a decrease in shorts or an increase in longs. The number of shorts has decreased. This needs some thought.
Today during the day, a one-sided trend should occur, continuing to shrink in volume and declining slowly. Significant fluctuations are expected when the U.S. stock market opens in the evening; the traders and large holders will still be watching Wall Street's movements.
If it doesn't break through 932, then the overall trend remains intact.