It is true to say that the market is anti-human. In the early morning, the market rose all the way, reaching the highest level in the 44,500 area. The increase yesterday was nearly 3,000 points, which is really surprising. The market has been rising, and the increase is a bit abnormal. There is no room for a correction at all. According to the normal technical structure in the past, there has been a correction long ago. And from the early low of 24,900 to the present, it has basically been an upward trend, with an increase of nearly 20,000 points. Recently, I have been afraid to chase the long position at high levels. After all, it has reached the early pressure area, and the market has been rising for so long. If I chase the increase at high positions, I am afraid of being trapped at the top of the mountain. And often the more this mentality occurs, the more the market will turn out to be the opposite! Yesterday, short selling was also unfortunately swept away, and the market's increase was indeed beyond expectations! But at this position, you still don’t dare to chase the rise too much, and you can’t imagine it when it plummets.
The bullish sentiment in the market is too strong, the currency price has stretched again and again, and the market has given people a signal to continue to go long. Often this signal is a scam. The market tempts you to go long, and wait for retail investors to enter the market to reap endless harvests! This is also the usual method of Dog Village. When 90% of people in the market follow one direction, it is when the dealer comes out with a sickle. The increase in the market no longer requires too much analysis. The current technical indicators are all in vain. It is an unchanging fact that the price is in front and the indicators are in the back. In short-term operations, we should maintain the idea of rebounding and shorting. Wait for the market to fall back.
Hua Ye suggested short selling around 44500-44800 on Wednesday morning, with the target focusing on the 42800-42200 line.
The above blog post is purely a personal opinion and is for reference only. The article is timely! If you have any questions, please feel free to discuss in the comment area!
