10.31 morning market analysis
Looking at the hourly line, it has been oscillating back and forth. The support and suppression of the lows and highs have been strong, but it is about to break through in the past two days. The market sentiment is waiting for this round to completely open up, and the four-hour golden cross is formed. This is also a short-term trend. Points of reference.
The suppression above the four-hour Fibonacci wave is always strong, turning upward, and obv is also pointing upward. Today's thinking is mainly low and long.
The daily line continues to fluctuate at a high level, and it is always difficult to fall. The daily line needs to strengthen for a while to attract enough retail investors to enter the market. We can enter a round of short longs. After the main force pulls the market, do not chase the rise and kill the fall.
Big pie: More advances around 34300-34200, target 34800, defense 33900
Auntie: Most are around 1800-1810, target 1835-1845, defense 1785