Yesterday, the market rose to the 30420 line, and fell back under pressure at the 30500 line in the evening. A large negative column on the hourly line reached the 29600 line, and then rebounded slightly and began to fluctuate. At midnight, there was a small pin insertion, and the lowest fell below the 29500 support. But there was no actual effect. Finally, it ended with the lower negative line, and the price comparison was fixed at around 29,800 in the morning.
The daily line closed a negative cross line, and the structure remains unchanged. It is weakly consolidating at a high level. The overall structure is still range-bound. The support has not been substantively broken through, and the upper suppression level is even more impregnable. The daily Bollinger Bands are slightly open, MA5-MA10 are cross downwards, and the price comparison is still on the downward trend. The longer the high sideways trading time, the greater the risk of a pullback. Let’s see whether the 29500 level below can be effectively broken. For short-term layout, we can still treat it with high altitude, and low long position will assist the operation.
Morning pie operation suggestion: 30000-30500 short, target 29500-29300.
Pay attention and don’t get lost.