Wednesday: Trend Correction, Short First then Long
Time always eliminates those who are not dedicated, while helping those who persist. The reason for the different outcomes from the same reference point is the difference in mindset.
The midnight market dipped and recovered, showing a continuation of volatility. There is a tug-of-war between longs and shorts. Although it seems to have a significant impact in the short term, fundamentally it remains unchanged; volatility struggles to break out of a one-sided trend. High selling and low buying, and hitting key points remain crucial.
From a technical structure perspective, on the four-hour chart, the volatility dipped to a low of around 93600 before rebounding. The bears are willing but unable to sustain a continuation. Overall, the market has not shown weakness; the bulls have recovered and risen but have not broken through the upper levels, maintaining a consolidation within the middle-lower track. In terms of rhythm, it is both a trend correction and a consolidation for strength. Before a strong breakout occurs, do not chase a one-sided trend.
Today's approach is to first look for short positions:
In terms of operations, I personally suggest shorting in the 96200-96500 area, aiming for a target of 95300-94800.