Blockage and support: find buying and selling opportunities!
1. The trend chart is the trace left by the capital game, which in turn affects the behavior of capital.
2. At low levels, there will be buying power entering to form support.
3. At high levels, there will be selling pressure to form a blockage.
4. The previous high point of the index is a blockage before it breaks through, and it becomes a support level after breaking through.
5. The previous low point of the index is a support level before it falls below, and it becomes a blockage level after breaking through.
6. The larger the cycle, the more important the support and resistance level (such as the weekly K level, the smaller the cycle, the less important the support and resistance level, such as the 5-minute level).
