After breaking the high-level narrow range, there was a slight rebound and short stay at the expected support level. Ultimately, it failed to hold and reverse, leading to a continuation of weakness, and continued to follow the market downwards. Finally, a smooth one-sided downward movement was completed within the day, returning to the starting point around 141.
The small level bearish trend is obvious, and there is no clear stop loss signal for now, showing a significant weakness compared to the market. The current position is in a low-level narrow range fluctuation, and we will observe whether the bearish trend continues to expand.
Small level oversold, but the rebound strength is not good, which can only indicate that very few people are willing to intervene at this position to bottom fish.
Several positions that need attention
Support Position
First Position 141 (currently testing)
Second Position 130
Third Position 126
Resistance Position
First Position 151-152
Second Position 158-159
Third Position 163-165
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