WFI Thought Sharing
From the daily level, after the plunge in June, the downward trend line was broken. The resistance around 2.26 is worth paying attention to. It is obvious that it has always been an important bottom support in the historical market, and each time it has a good rebound.
After the support is broken, there is resistance everywhere. If you want to look up in the long run, you need to break through with volume and then stand firm to change your view. Otherwise, you still use the current consolidation box (2.6-1.43) to buy low and sell high
The 1.43 area is both the lower boundary of the current consolidation area and the low point of the entire market. According to the Dow Theory, the low point here cannot be broken. Once it falls below the new low, all the previous gains will be in vain, but before it breaks, it is bullish
Switch to the small level, you can see that it is also a relay consolidation, with an upper boundary of 1.62 and a lower boundary of 1.78. Use this box idea to do intraday, but once it falls below, you must stop loss. Pay attention to the support and trend of the daily level 1.43 area
