Market Analysis for This Week 6/2
Weekly: The upper Bollinger Band is forming pressure, with support at the middle band around 94100 and support at the lower band at 94800.
Volume has shown a bearish signal after 7 consecutive weeks of bullish candles, but it is relatively short, indicating either a decrease or increase in bearish momentum.
Both scenarios suggest that the market is likely to decline, with increasing bearish momentum indicating a downward trend, while decreasing momentum is expected to find support around 94100.
Increasing momentum will return to 94800 next.
KDJ at a high level has not yet formed a death cross. The candlestick pattern at the top looks bearish.
Weekly Summary: Bearish, targets at 94100 and 94800.
Daily: The candlestick is forming pressure below the middle band, with KDJ showing a downward bend at the bottom and MACD forming a death cross.
Volume has released bearish energy again after a two-week decrease following bullish candles, resulting in a bearish candle.
The upper Bollinger Band is flat, with support at the lower band at 101600 and the candlestick demarcation line support at 100700.
Daily Summary: Bearish, support at 101600, and the second at 100700. Pay special attention to the point at 100700; if it is broken and holds, the entire market will exhibit a historical double peak pattern, leading into a bearish phase of fluctuating declines. 97300, 94100, and 94800 will be seen successively.
Market Summary: The trend is bearish, targets at 101600 and the second at 100700. If 100700 is broken, the entire market is likely to show a phase of fluctuating declines. If there are signs of a trend change, I will provide timely analysis and explanation.
: Pay Attention to Data
April 4 ADP Employment Population
April 6 Non-Farm (Important)
Attention: @教导主任-伏羲
