It has been said before that it cannot rise unless it can stand above 3500. In the past few days, it has been fluctuating between around 3450 and 3380, and today's fluctuation is even smaller. So far, there has been only a 45-point fluctuation in a day, which is very small!
So is this a sign of bullish weakness? From February 6 to today! It has been rising all the way, and today's fluctuation is very small. Whether it is bullish weakness or some kind of adjustment, we must take all factors into consideration. If it falls, what strategy will you make, and what strategy will you make if it rises!
Yesterday I mentioned shorting around 3450. The current highest point has dropped by 20 points and has been fluctuating around here!
I personally think that when doing contracts, you should not consider whether it is long or short, because even if it is long after a market shakeout, the market will still go down and then rise, and you will still lose money. What we have to do is to find out which position to short at to make a profit and which position to long at to see an increase, and just make as much money as we can!
Looking at the daily line, the moving average has moved up, and the 7-day moving average is currently around 3350, showing a bullish trend!
I have already controlled the long position with a light position at around 342. The buying position is relatively high, which is not the best point. It is for reference only!
The best point is still to operate long orders around 3380, with the stop loss around 3340, and you can operate long orders at will!
As long as you sell in time, there are opportunities for long and short everywhere! This requires you to have a certain understanding of pressure and support. If you don’t understand, you can wait for big pressure and big support operations!
