Yesterday provided two possible scenarios. The first one was a pullback to around 97200 before attacking the 100k mark.
The second one faced resistance around 98600, and after breaking below 97200, it went to 96500, successively breaking below 95800-95200, confirming the sequence of the market's movement!
The second option provided a one-way short strategy with a target of 3440, which was confirmed on the same day! At the same time, the stop-loss range of 3553-3557 was very reliable, with the maximum of the second option reaching 3547! The stop-loss was precise and reliable!
Recently, the main option has repeatedly tested the 99500 level, and a breakthrough will definitely lead to 100200, while the sentiment has been consistently optimistic about a pullback throughout the day! Multiple posts were made during the day to provide insights. During the market observation, the pressure was also significant, but I believe this round will be well settled. There are no other reasons, as I believe the main force has always been this ruthless. Most importantly, when the main option was rising from around 94, it was driven by the early market entry and late exit. Chasing the trend will lead to losses.
At that time, I provided two possible scenarios based on market analysis: one was a slow grind followed by a spike, and the other was a spike followed by a rebound, and it is currently following the first scenario. At that time, I observed that at 2:45, 3:15, and 3:45, the MACD indicator showed bullish moves surrounding the market, and the trading volume was also fluctuating. This type of indicator can easily lead to a forced liquidation trend when viewed in real-time. Therefore, I did not follow the indicators and reminded others to take care of their short positions with stop-losses. The probability of a rebound is far greater than a breakthrough, so I chose my own direction!
At 3 PM, it broke below the 98000 level, followed by increased volume and a rapid decline of 3000 points in just an hour and a half, pulling downwards! The current resistance is shifting downwards, and the pullback is also in progress. We will first complete this four-hour pullback and continue short on the rebound. The second option is under pressure from the trend line, continuing to look for a pullback!
Main option short directly at 96500-96800
Looking down at around 93800, if broken, then look at around 93250
Second option short directly at 3360-3380, looking down at 3304
If broken, then look down at 3260-3280
