This week's market storm is approaching: Data + meetings are coming together, seize the opportunity to buy on dips!
This week can be described as continuously impactful! Tonight there will be November sales data, tomorrow night we will welcome the third quarter current account data, and the day after tomorrow, the Federal Reserve's interest rate meeting, GDP, and PCE will follow in quick succession like a "super gift pack."
In the face of a series of key data impacts, market volatility is bound to intensify, but no matter how you look at it, this is a golden opportunity to buy on dips! Remember: keep an eye on the lows, take profits in a timely manner, and the highs will keep getting higher!
The current market is still operating within the ascending channel marked yesterday, and after maintaining the upward trend line below, the market quickly welcomed a rebound.
When operating near the trend line, pay special attention to the fluctuations of the K-line's lower shadow, and it is recommended to leave a buffer space of 200~300 points to cope with short-term fluctuations.
If the rebound further solidifies, the market may reset the box range and turn yesterday's first resistance level into a support level.
Once the market stabilizes within the box range of 105.5K~106.7K, the probability of a bottoming rebound will significantly increase. Steady and steady, opportunities are brewing, and don't miss the rhythm of this round of rising!
