7.11 Daily Report

After watching the market for a long time, you will feel out of touch with technical indicators. In my trading system, due to the principle that the small level is subject to the large level, there are often times when it is impossible to judge the details because they have not yet come out. At this time, what is tested is intuition. I will explain it differently to avoid people using it as a basis for trading.

From a logical point of view, what I have been expressing recently is to maintain the short-order strategy, that is, the strategy of shorting at highs. Where is the high? Some people start looking from the 5-minute level and some people start looking from the 4-hour level. I think it is enough to control the risk. The general direction is to be bearish, which means that the probability of going to a new low first in the future will be higher than going to a new high first.

From an intuitive point of view, I said yesterday that 58,500 would be broken. This is purely an intuition. In fact, this intuition has no specific logical support, but it happened. This situation is common at a small level and does not really affect our trading, but for ultra-short-term high-leverage players, this uncertainty will be a disaster, so I don’t touch high leverage.

In the next market, I am more pessimistic about the next pressure level of 59500 to 60000 at the top. There are two possibilities from the daily line. One is that it will fluctuate in the current box without breaking through 59500 to 60000 and fluctuate sideways for a long time, using time to digest the strength of the bulls. The second is to find a new pressure level after breaking through this pressure level, and then fall rapidly to find a new low. In this way, the accelerated decline of the market will go faster. I tend to the first possibility, intuition.