The two-day pull-up market over the weekend has finally ended. Every weekend is basically a boring shock. This time, we finally got out of a strong pull-up, but it happened to be the weekend and the market began to stagnate.
Monday has arrived as expected. Can this week see an effective rise, thus breaking the large-scale downward channel of the daily line and soaring into the sky?
Although there is a small needle at the daily level, it indicates that there will be more fluctuations in the future market. The market will fluctuate and adjust above 26,000 in the next few days. Of course, it will also try to stabilize at 27,000. This trend is highly likely because the previous opening point of the decline has not been touched.
We said yesterday that the large-scale channel is a downward channel and there is no sign of a break at present, so the large downward trend is still spreading. However, the channel has been maintained for a long time and a break will occur soon, possibly this time, so those who are long-term short sellers should prepare a defensive strategy.
The idea is basically the same as yesterday. You can try to enter the first position below 26500 to see how the market reacts. If there is still a correction and it breaks 26000, you can temporarily withdraw and consider the entry opportunity later. The idea of shorting at high levels is still above 27200 to 27700. You can place orders or manually, depending on your personal habits.
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