1.10 Friday early morning big pancake aunt's latest operational idea
From the current market perspective, the recent trend continues to show false breakouts and real declines. After the evening market further dipped to the previous low around 91500, it quickly rebounded in a V-shape. The support below is still quite strong, and the current decline appears to be just a matter of time.
From the hourly level, we can see that the trading volume has not formed a significant increase, and its continuity is not strong. Moreover, as previously mentioned, although the middle band of the Bollinger Bands provided a false slope in the evening, it has not stabilized above, so it cannot be considered a real trend reversal. In terms of operation, we continue to treat high positions cautiously and aim to catch the declines.
Early morning trading suggestion:
Big pancake 94100-94500 line 🈳, looking down at around 92500-91500
Aunt 3300-3320 line 🈳, looking down at around 3200-3150