67100 Highest Point Shorting Makes Big Money
Yesterday's analysis showed that the pressure level was 67100, and after reaching this level last night, the price started to fall. Now the price has reached around 64000. If you read my analysis yesterday and placed a short order at the pressure level, you would have already suffered a 3000-point drop.
Don't worry if you didn't get it. The past is gone, and regret is useless. Seizing the present is the most important thing, and there will be market every day.
Today's analysis shows that from the K-line, the 1-hour, 4-hour, 12-hour, and daily levels are all in a downward trend, especially the daily line has just opened a downward trend. The downward trend cannot be reversed without a few days. Those who opened a short order at 67100 should take it for me, and must eat until they are full.
Today's intraday pressure level is 66200, and the support level is 62800. (Some fans actually asked what the use of pressure and support levels are. Here I will briefly explain to the newbies. It means literally that pressure is resistance, which is the position where you can short. Similarly, support is the position where you can go long.) The pending order must have a stop loss. If the pressure and support levels are forcefully broken, the market will reverse. Stop loss can save your life. I usually have a stop loss of about $400. For example, if I place a short order at 66,200, I will also set a stop loss of 66,800 when opening the order.