1. The trends of the two tested the previous highs again yesterday, and were still suppressed by 25200 and 1720U respectively. At the same time, they found support at 24800 and 1680U respectively. They are very likely to fluctuate in the corresponding ranges in the short term until this balance is broken. Regardless of whether it is upward Whether it breaks or breaks downward, the intensity will be more impactful, and we must be mentally prepared.
2. On the daily line, we analyze from the perspective of MACD’s golden cross pattern near the zero axis and its price firmly holding on to the 5-day moving average. This is also a manifestation of the bulls’ accumulation of strength. Currently, the bulls still have the advantage, which is very worthy of our analysis. expected.
3. In terms of risks, if the breakthrough fails and turns down, pay close attention to the possibility of MACD forming a dead cross after the golden cross near the zero axis. The dead cross at this time will form a top divergence at the daily level, which is fatal to the future trend of the market. At that time, we must adjust our trading strategy. It has not happened yet, so just wait patiently.
4. The most fundamental principle of market analysis is to always base it on facts, and the most reliable fact is the current state of the market. Do not speculate or guess, strictly implement the trading system, and integrate knowledge and action.
