[Monday night mainstream market analysis]
Since the early trading session broke through the key support of 60 to 58, it has been consolidating at a low level, and the repair has not continued too deep. If the correction is not effective, there is not much value in exchanging time for space. The European session remains around 585. If the US session continues to fall, observe the 58 support point. If it breaks, continue to look down. If it encounters resistance and rebounds, make adjustments before the market opens.
From a technical point of view, in the daily line, the upward movement of the broken Yang indicates insufficient volume. A Yin column in the early trading session directly reversed the pattern. It is difficult for the bulls to break through. In addition to the weakness of the pattern, the second daily K will definitely go down again!
Don't expect the best point when entering the market. If you don't make a small mistake, you will mess up your big plan. Follow the cycle of form and time. If the price doesn't break the key 58 support in the second half of the night, you can consider making a rebound in the short term.
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