October 26th Pancake Analysis:

Yesterday, there were multiple attempts to break through the 69,000 barrier without success, and the pancake is once again facing pressure, testing the 65,000 line in the early morning. The oscillating pattern is expected to continue,

On the daily chart, the bulls and bears are intertwined, currently showing a bearish engulfing pattern, suggesting that the downtrend is not yet over, and clear signs of market correction are evident. Therefore, intraday trading suggests prioritizing shorting on rallies.

Reference 67,300/500 line for a short, target 66,500/66,00

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