11.26 Market Analysis
Yesterday afternoon, the large pancake reached a peak at 98900, and this morning it dipped to a low of 92600, creating a range of 6300 points. The current price is around 94800.
From the current perspective, MACD is contracting downward, DIF and DEA are diverging downward from a high position approaching the 0 axis, and KDJ has formed a death cross. Various indicators are showing a downward trend, but since the larger trend is still upward, we should focus on finding support points for smaller trends and continue to trade with the main trend. As previously mentioned, the larger trend is upward, and we should primarily go long, with all pullbacks being opportunities to enter long positions, while ensuring defense at key support levels.
Large pancake pullback: 94600-94000 long, target around 96500, defense at 93500
Aunt pullback: 3440-3420 long, target around 3500
