October 21 Market Analysis
Set tone: Bullish but not chasing.
Bullish because the hourly chart and daily chart are both bullish, and there is no bearish signal.
Not chasing because the position is uncertain, the risk and return are disproportionate, and both the big cake and the concubine are facing the lifeline (resistance) of the weekly line, and this position is the first touch since the bottom rebound on August 5, and there is a high probability of adjustment.
As for whether this adjustment can be shorted, it is still uncertain, and it depends on the changes in the K-line shape structure.
