Thursday: Short first, then long as expected, next step continue to go high
Still the same saying, the same market, the same nodes, it's normal for the results to be different, because there are no two identical leaves in the world, how can we truly achieve the same effect?
In the morning, I emphasized that the short-term is in a high-level consolidation state, do not chase long, first short and wait for a pullback, then go long at a low level. In ten trades, closely follow the pace, taking 1400 points back and forth, there’s not much to explain, and there are traces to follow across the network.
From the current technical structure, the high level is still under pressure at the 102000 mark, the pullback strength is slightly weak, but the high has not broken through, and the consolidation sentiment is very strong, there are still no signs of a unilateral formation, do not pursue a unilateral trend, short-term can still enter high shorts, the focus is still on the support situation at the lower 100000 mark.
In the afternoon, our approach is primarily short, long only if the lower support holds:
In terms of operation, I personally suggest short in the 101400-101800 area, watch the 100500-100000 levels, if broken look at 99600, if not broken can go long.