Thoughts in the early morning of December 3:
The big cake went out of the downward and upward trend in the evening, reaching a minimum of 94826 points and a maximum of 97435 points, with a rebound of 2500 points. This wave of rebound space is quite considerable. Although it is currently in a short-term retracement state, the overall trend is still bullish. Its lower support level is in the range of 96000 - 95700.
The daily line showed a trend of alternating yin and yang closing, and the short-term fell into a high-level range of tug-of-war and oscillation. It basically fluctuated back and forth within the expected range. It could not break the bottom of the range when it went down, and it could not break the high point of the range when it went up. The daily line closed with a yin and yang cycle and entered the high-level contraction and oscillation stage. The 4-hour chart of the big cake has fallen from the upper track of the Bollinger Band to the middle track position. It is still in a contraction and tug-of-war. This week, it is likely to continue the high-level shock market. The large range is locked at 90500-99500, and the small range is 94500-98500. The current upper track resistance is still around 98500, and the middle track is at 94500. In terms of the small cycle, it is currently inclined to gradually recover the lost ground from the middle track to the upper track, but it still needs to be judged comprehensively based on space and form. The support strength of the 64500 low point needs to be focused on below. As long as this point is not broken, our short-term bullish thinking will not change for the time being. We can continue to consider choosing lows to buy at midnight. In view of the large base of current market fluctuations and the tortuous short-term trend, it is crucial to grasp the point entry. There are opportunities for both long and short sides to operate. The specific operation must be flexible and responsive according to the actual situation.
Big cake is more than 95500-95800, and it is expected to go up to 97200-97500
Second cake is more than 3560-3580, and it is expected to go up to 3680-3700
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