Today’s focus is on gas, both in the comment area and in the live broadcast room, everyone is wailing.
The short-sellers said hey, it was a pity that we closed out early, and we don’t dare to pursue it now.
Those who are long say hey, they entered the market early, and now they are still resisting. They don’t know how to hold the position.
I'll tell you what I like to hear about short selling, and I'll also tell you what I like to hear about going long.
Judging from the current chart, it is a large butterfly pattern. The two potential reversal areas are around $6.6 and $4.2 respectively.
It is definitely impossible for the market to move because of my opinions. Since this form is temporarily established, it has not failed.
Then there is this expectation.
Therefore, the most important point in the short term is the trend line at the arrow. If it can hold up here, it may start a horizontal consolidation and then look at the follow-up, which is the hope of the bulls.
If this trend line falls below, it will increase the probability of the butterfly pattern being established. This is the expectation of the bears.
Believe it or not, don’t let my subjectivity affect your position. The contents of this article will continue to be reviewed regardless of the market outlook.
To be more pertinent, whether the market outlook is a slap in the face or whether it is in line with expectations, technical analysis and technical communication, except for the banker and the market, everything else is open at 55!
