10.26 Morning Thought Analysis
Yesterday, after the big cake fell below the 67800 support level at noon, it rose to around 68800 to create a false illusion. Two waves of main forces fled at night, and then the waterfall mode 3200 level came again, and now it is running around 66600.
From the one-hour level chart, MA5MA10 is dead cross running, and the bullish momentum column is shrinking. It is a ⬇️ trend
Personal opinion, for reference only.
Morning operation suggestions:
Big cake callback around 66900-67200
Target around 66100-65600
Second cake callback around 2460-2490
Target around 2410-2380
Israel launches retaliatory attack on Iran On October 26, according to the AXIOS website, two people familiar with the matter said that Israel began to attack Iran in the early hours of Saturday local time in retaliation for Iran's large-scale ballistic missile attack on October 1. Iranian state television reported that explosions occurred in several areas, including Tehran. U.S. and Israeli officials believe that Iran will respond militarily, but hope that it will be limited and allow the two opponents to break the tit-for-tat cycle. The U.S. military has increased its forces in the region in the past few weeks before Israel may attack Iran. U.S. officials said the purpose of this is to prevent Iran from responding and help Israel defend against another round of missile attacks from Iran.
