Saturday's market, from the current structure, shows a fluctuating upward structure trend during the day. In the morning, it continued the strong downward trend last night, and rebounded at the bottom of 60063. In the morning, it was suppressed for the first time and lost at 61009. In the afternoon, it broke the previous high point and refreshed to 61146. It retreated again. In the evening, it rebounded from the bottom of 60890 to 61224. After the structure trend, it has been fluctuating upward during the day. Wei Yi also hinted that it would be repaired during the day. After Saturday's market trend, Wei Yi has never deceived you, and it will give bullish upward as expected during the day.
Structurally, from the previous low position, the news stimulated the market to rise and then rise, and the high formed a fluctuating upward trend structure. After reaching the high point near 61224, it fell back. Then the stepping back is understandable. After the stepping back, the decline should have stopped and continued to rebound. Unfortunately, the market fought a wave of guerrilla warfare. After the rise, the downward trend fell back. This is not a turn, but a fall back and continued to rise.
In other words, the rebound and upward movement of the guerrilla warfare within the day is still a relatively false signal, and the short-term high and fall form a continuation. Once it continues to fall again, the market will still return to the rhythm of the oscillating consolidation cycle. Then the trend structure fluctuates under the premise that the overall trend is weak. Whether it is a unilateral upward rebound or an oscillating consolidation and high fall, it fluctuates under a weak trend. Therefore, the high has the expectation of falling back, and on the contrary, if it is in the trend rhythm of a strong trend, the unilateral rise will continue to rise after the stepping back, rather than the end of the one-round rebound.
Big Pie idea: short around 61400, target 60000
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