The market is generally declining, and THE's downward trend is not over; a subsequent pullback may be coming!
The current market is overall on a downward trajectory. Although THE has seen a slight rebound, the candlestick patterns and technical indicators still indicate a downward signal! The Bollinger Bands are narrowing, and the MACD line is oscillating below the zero axis, which suggests that THE's rebound may only be a temporary correction, with another wave of pullback still to come!
In the short term, there may be opportunities for a rebound operation, but remember, the overall trend has not changed. Now is suitable for entering the market for a short-term surge, but do not overestimate the sustainability of the rebound, and always pay attention to risks.
Understanding the market rhythm is the beginning of controlling wealth! Follow Lao Tan closely, plan ahead, and let the next peak belong to your account! Keep an eye on Lao Tan; don't let opportunities slip away!
