Yesterday, the market rebounded to a maximum of 95,700 in the evening and fell to around 94,100 at its lowest. The hunters emphasized this internally yesterday. The 4-hour top divergence indicates that the market will continue to decline. The market has also met the expectations of the opponents. A rebound appeared around 94,200 initially. However, the rebound strength is insufficient, and the market may continue to break new lows.
The 4-hour MACD has not fully repaired. There is still momentum for further decline. At the same time, the market has broken below the previous resistance level of 95,300, indicating that the short-term rebound has ended. A rebound at the top suggests to continue shorting. For a conservative approach, short at 95,300-95,500. For a more aggressive approach, short directly at 94,600.
So the exit at the early session was directly at 94,600, and continue to look down to 93,500-93,000.
