6.14 Morning Big Pie Operation Idea
The road to success is not crowded, because there are not many who can persist to the end. When you want to give up, please tell yourself to hold on a little longer, because often it is this little bit of persistence that brings you closer to your dreams.
From the daily technical analysis perspective, the market trend shows a correction. The key resistance level for the big pie is 102500. If the price effectively breaks below this support level, the market may further explore the lower boundary for support. Currently, the MACD indicator shows that the DIF and DEA lines are tending to converge, and the bullish momentum is significantly weakening. Once a death cross formation occurs, it will intensify the pressure for a correction. In the KDJ indicator, the J value has entered the overbought area, and the K value shows signs of turning downward, indicating a strong demand for technical correction. Although the RSI indicator remains above 50 in a neutral to bullish range, it lacks significant upward momentum to support it. Overall, the market is in a relatively balanced but slightly weak state. However, considering the latest situation, this weak balance is being broken, and the bearish forces are starting to gain the upper hand. But at the current point, it is definitely unreasonable to chase after shorts; the current bearish volume has been largely consumed. The strategy for day trading is to follow a high sell and low buy approach, and to make a second buy order at a low position.
Day trading operation: Buy big pie at 103000-103500
Target 105000, stop loss at 102400
