The decline of the big cake is not over yet! The selling pressure from Mentougou is approaching, and the market risk has increased sharply!
In the market, the positive news did not rise but fell, and the situation is not good! Although the PCE and consumer confidence index last night were slightly lower than expected, the good news became bad news as soon as it landed. The big cake quickly fell back after the upward needle, reaching a minimum of 57,700. Although it rebounded this morning, it is still in crisis above 59,000!
Tens of thousands of big cakes in Mentougou are still hanging over their heads. If they are pulled up, they may be thrown down, and the market funds can't catch them at all! In addition, there is a risk of collapse in the Gaza peace talks, and market turmoil is inevitable. The volatility over the weekend is inevitable. Don't blindly follow up after the breakthrough of 60,000. This may be a new short opportunity!
If more than 40,000 big cakes in Mentougou continue to sell, the support of 55,000 may not be guaranteed. But if this part of the selling pressure fails to materialize, there is no need to worry too much. The selling pressure and volatility of the big cake we expect may continue until October, and now it seems that everything is going on. This kind of market is difficult to operate, but keeping a steady mind, not chasing highs, and not cutting losses is the way to win! No one can step on the bottom accurately, don't care about the head and tail of the fish, focus on the steady mid-term income!
Follow Mr., let you move forward steadily in the market fluctuations and master the key strategies!
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