7.21 Morning Auntie Market Analysis
Auntie's recent trend has been quite 'rebellious'. Originally expected to oscillate within a range over the weekend, Saturday behaved relatively well, fluctuating within the range; however, on Sunday, it suddenly surged in one direction, momentarily breaking through the crucial 3800 level, showing a clear divergence. But it quickly retreated, and while editing the market analysis, it staged a 'roller coaster', first dropping below 3600 to around 3580, then rapidly rebounding.
From the hourly level, Auntie's price waterfall-style broke below the middle track and is currently oscillating back near the middle track. The MACD continues to expand, and the short-term battle between bulls and bears is intense, with clear fluctuation signals.
At the four-hour level, the price has stabilized below the upper band of the Bollinger Bands, and the bullish forces have weakened, with upward momentum not as strong as before. Looking solely at the upward direction, a resistance level has formed around 3785; if there is a subsequent upward attack, this area needs to be closely monitored for breakout situations.
Operation Suggestions
If Auntie rebounds to the 3740 - 3770 range, one could consider positioning for a short order, targeting down to around 3680 and 3600.