Woke up early in the morning to find the market had collapsed. Before going to bed, I observed that the market had shown signs of stabilization. After making a short profit, I took the opportunity to enter the market at a low position to catch the rebound. Unfortunately, the market volume surged down again at midnight, dropping to around 95,600. It was a pity that our position was forced to exit at a loss. Recently, the market has been changing rapidly, and it is inevitable to make some mistakes. As long as we adjust our mindset, we can set off again at any time.
From the daily chart perspective, the market has once again declined below the 30-day moving average, showing three consecutive bearish candles with indications of further downward movement. From the four-hour chart perspective, the market has generally weakened since the data release, with a decline of nearly 13,000 points. The selling pressure continues to increase, and during this time, several rebounds have not shown strong recovery. In the morning, we could take advantage of the situation to catch the continuation.
Big Pie: 96,800~97,200, looking down at 95,200.
Aunt: 3,400~3,420, looking down at 3,300.
