6.15 Sunday Afternoon Big Cake / Second Cake Market Overview
Due to macroeconomic uncertainty and cautious sentiment in the market, the weekend market continues to exhibit narrow fluctuations, with overall trading activity being relatively light. From yesterday's performance at the pivot point, although the bulls attempted to push higher, the lack of volume support led to a quick pullback after hitting key resistance levels, followed by a range consolidation pattern. It is worth noting that the important support levels below are showing strong buying interest, effectively resisting selling pressure and keeping prices within the established range.
Combining the current candlestick patterns with market sentiment analysis, it is expected that today's market will likely continue to show a fluctuating trend. Investors are advised to continue operating around the existing fluctuation range, implementing a "sell high, buy low" swing trading strategy to flexibly capture intraday volatility opportunities. It is essential to strictly control positions, set reasonable stop-loss and take-profit levels, remain vigilant against sudden fluctuations, and maintain a steady trading rhythm.
Trading Suggestions:
Big Cake: 105700-105500 Target around 105000
Second Cake: 2550-2530 Target around 2500
