Friday market analysis: Shrinking volatility continues, intraday strategy!!!
Sometimes, taking the wrong path does not mean the end, but just reminds us to re-choose. No matter how hard we try, the wrong path will make you walk harder and it will be difficult to achieve the expected results.
The midnight market continued the trend of box-shaped oscillation. The support of 94500 below was not effectively broken. The market showed an upward trend and the box-shaped oscillation mode continued.
Current market rhythm:
Weekly K-line and monthly K-line are about to close. After the shocking surge and retracement of the bull market this month, it has entered a high-level consolidation stage, forming a box-shaped tug-of-war pattern.
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In the short term, the market volatility has narrowed, the volatility sentiment is strong, and there is no sign of a breakthrough for the time being. Overall, it is still oscillating and continuing, and it is not inclined to a unilateral market.
Today's operation suggestions!!
First high short and then low long:
Same news, same layout, same opportunity, same increase, fans first!
High short: You can consider shorting around 96000, and the target is 95000-94500.
Reverse operation: If the support of 94500-95000 is not broken, reverse long, and it is expected that there will be a certain rebound space.
In the current oscillating pattern, focus on the support and pressure range, operate flexibly, and avoid blindly chasing ups and downs.