May 11, 2024, Saturday!
✅️Yesterday's market review
Yesterday, there was a negative news. The expected one-year inflation rate in the United States in May was 3.5%, the highest since November last year. After the news was released, the market responded and entered the correction phase again!
The opening price of the big cake yesterday was 63074, the highest was 63469, the lowest was 60187, and the closing price was 60799, with an increase of -3.61% and an amplitude of 5.2%
The opening price of the second cake yesterday was 3036, the highest was 3053, the lowest was 2878, and the closing price was 2909, with an increase of -4.16% and an amplitude of 5.79%
The market fluctuated about 5 points during the day!
✅️Today's market analysis
After the market correction, it entered the oscillation period again during the day. The range is still what Brother Yu said before. The 60000-63000 range keeps fluctuating up and down. The support of the big cake is 60000 and the support of the second cake is 2900. There will not be too many opportunities for the market during the day.
The intraday pressure level of the big cake is 61000/61800/62500
The support level is 60000/59200/58500
The intraday pressure level of the second cake is 2080/3050/3100
The support level is 2900/2850/2800
✅️Spot sector
Starting at 22:00 last night, the market began to pull back, falling from around 63000 to around 60100. Although there is a drop of nearly 5%, there is one thing, the spot cottage market did not follow the decline as before, which is actually a good phenomenon. At least it shows that the spot market has fallen almost. It is normal to fall with the market. There is no waterfall-like cliff. Maybe everyone is really trapped too much! The volatile market has to continue. Brother Yu said on Weibo two days ago that it was the same in April and May. Spot can only wait patiently!
The market will continue to fluctuate in the next two days, Saturday and Sunday. Spot copycats are only suitable for short-term trading. If you make 10-20%, you must leave. The current market is not suitable for the situation at all. Strictly stop profit and stop loss!
The fan section of the garbage market has an independent market. If Santos is out of the market, you can still consider taking it back below 6u and continue to do T
Today's ❤️499 Tiantuan ❤️ code
Santos 5.8/6u entry, stop loss below 5.5
Profit 10%/15% can be exited!
