Saturday, 12.21

Happy weekend! Take more rest. Don't get too down on yourself.

Yesterday, the market tested pressure around 800, fluctuating during the day until a sharp drop in the evening, with a minimum pullback to around 96268 where it stopped falling, just over 200 points away from our target. I think this trade has a 99% accuracy according to Jiang Wei, what do you think?

After the price stopped falling, it rose all the way to recover the downward space, about to form a V-shaped reversal. During the day, pay close attention to the resistance level at 98240; this position is the testing pressure level for the short-term market. If it breaks through, it will continue to rise; otherwise, it will retreat.

The attached indicator shows a four-hour level, where the price has fallen below the trendline, and is making adjustments while running lower. The MACD is beginning to show a decrease in bearish momentum with signs of a rebound. Overall, I estimate that the fluctuations over the weekend won't be too large. I personally think there will be a pattern of rising first and then falling.

So, for today, consider shorting in the 97800-98300 area in batches, with a target near 96000.