Second Futures Market Sharing (May 29, 2025)

1. Market Outlook

The second futures market shows a short-term consolidation pattern, with the Bollinger Bands continuously narrowing followed by slight one-sided fluctuations. The first resistance zone is located at $2830-$2850, the second resistance level is at $2900, and the strong resistance level is at $3000. Affected by the decline of the first futures market, the second futures market has also followed suit, but the support at the $2700 level is relatively strong. If this position is maintained, the bullish expectation can still be upheld in the short term.

2. Key Technical Signals

1-Hour Level: The MACD histogram is shortening, indicating that rebound momentum is weakening. The effectiveness of the key support near the $2700 level needs to be monitored.

6-Hour Level: There was a previous technical divergence, but the support at the zero axis is clear. If the MACD gradually recovers and forms a golden cross, it may initiate a new round of upward momentum.

3. Key Support and Resistance

Support: $2700-$2680-$2600

Resistance: $2800-$2840-$2900

4. Risk Warning

Retracement Risk: Current trading volume is decreasing, and there is a divergence between price and volume. Be cautious of a rapid pullback after a no-volume surge.

Market Sentiment Divergence: After the Bollinger Bands narrow, volatility decreases. It is essential to pay attention to the confirmation of the breakout direction to avoid chasing highs and selling lows.