On April 13, there was a big pullback last night. Has the market weakened?
Hello everyone, I am a rookie in the market. Let's analyze the market together. When everyone adds fuel to the fire, the flames will rise.
From the daily chart, we can see that the top of 73,000 to the bottom of 61,000. It has been a month of consolidation. Last night, it dropped to around 61,000. So is this a signal of weakening?
From the daily level, although it is a negative line, we can see that it is a negative line with a long lower lead. It means that there is a good connection at the bottom. So I have to pay attention to how this line will go today.
The last time from 73,000 to 61,000. It was a falling solid line, and then the solid line pulled back on the second day. So from these two pullbacks. Today's decline. It is not as ugly as the last decline. Such a diagram gives me a little more confidence.
Today, we need to pay attention to the weak rising resistance range of 64700-66300. If it does not stand up today, it can be said that the probability of a market rebound is still relatively low. If there is a good breakthrough, you need to keep an eye on the trend to see if it is a false breakthrough.
At present, I personally think that there is no need to panic. It is not a very bad situation. If there were friends who were long at 60,000 last night, you must pay attention to the weak resistance position above.