Let’s take a quick look at the market over the weekend, starting with the daily chart:
Although the closing volume yesterday was not large, it recovered the lost ground to a certain extent. Now it depends on whether it can stand firm at 1020 and break through 1025. If it breaks, it will look at 1046. There is still pressure here. You can consider shorting nearby with a stop loss of 1050. Let's review the market of the past two days at a small level to see if there are any trading opportunities:
A few days ago, I said to pay attention to the support and resistance of 1020 and 996. You can see that the highest is 1025, and the lowest is 992, which are very close. I don’t know how your profit situation is. Friends who like to do real trading may be relatively painful, because most of the market conditions appear at night.
So at this stage, it is bullish if the support of 996 is confirmed. Pay attention to the pressure situation between 1036 and 1056. There is no volume support for the rise in the past two days. Weekends are generally a consolidation and repair market. Be careful about falling even when it rises. If it does not break the new high, it will still be mainly fluctuating in a large range.
For those who are long, the stop loss should be set at 101000. For short positions, it still needs to be observed. If it fails to break through 1046, it may confirm the double top on the weekly chart.
The morning trading ideas have been analyzed. What do you think? You can exchange ideas in the comment area. I love you here. I will analyze it for free every day (heart). Let's take a look at the market at the weekend. Let's take a look at the daily line first:
Although the closing volume yesterday was not large, it recovered the lost ground to a certain extent. Now it depends on whether it can stand firm at 1020 and break through 1025. If it breaks, it will look at 1046. There is still pressure here. You can consider shorting nearby with a stop loss of 1050. Let's review the market of the past two days at a small level to see if there are any trading opportunities:
A few days ago, I said to pay attention to the support and resistance of 1020 and 996. You can see that the highest is 1025, and the lowest is 992, which are very close. I don’t know how your profit situation is. Friends who like to do real trading may be relatively painful, because most of the market conditions appear at night.
So at this stage, it is bullish if the support of 996 is confirmed. Pay attention to the pressure situation between 1036 and 1056. There is no volume support for the rise in the past two days. Weekends are generally a consolidation and repair market. Be careful about falling when rising. If it does not break the new high, it will still be mainly consolidation.
For those who are long, the stop loss should be set at 101000. For short positions, it still needs to be observed. If it fails to break through 1046, it may confirm the double top on the weekly chart.
The analysis of the morning trading ideas is completed. What do you think? You can exchange ideas in the comment area. I love you here, Xiaobai, and I will analyze it for free every day (heart)