Sunday: Narrow fluctuations, the box is shifting down with signs of a plunge
In peaceful and uneventful days, there's no need to stretch the pattern too wide. Taking it one step at a time can also resolve urgent issues; being steady is the foundation for rising swiftly.
This week's market, at the beginning of the week, the trend retraced to the 90800 mark, subsequently forming a recovery upward, with the highest pressure at the 98800 mark. There are signs of a halt in the bull market, and the trend has entered a correction phase, forming a wide-range tug-of-war effect. In the short term, this is also accompanied by weak performance in the monthly closing line.
Looking at the current pace, recovering upward is pressured at the 98800 mark, failing to continue the upward effect, but instead forming a downward fluctuation. Under the consolidation rhythm, the bullish volume is accumulating to push for an upward breakout. The demand for trend correction is strong, and in the short term, there is a noticeable downward fluctuation with clear actions of rising in the day and falling at night. Do not rush to chase highs; participate in the fluctuation pattern.
Today's strategy leans toward a downward fluctuation, primarily shorting at high positions:
In terms of operations, I personally suggest shorting in the 96500-96800 range, looking at 95500-94800.