9.6 Friday Big Bread Silk Road
The market formed a downward five-wave structure at the 30-minute level, and the overall trend formed a downward guidance wedge structure, indicating that the overall situation is still in a downward trend.
Since the decline from 65,175, a five-wave decline and three-wave consolidation structure has been formed. It may currently be in the A-wave stage of the decline. It is expected to rebound near 54900-54800, and then continue to return to the decline, taking the C-wave or three-wave decline.
To sum up, the stop loss of Duo order is to 54800, and the price can be increased to above 60000, and then the position is around 60,000 - 60500.
Operation suggestions: (medium and long term)
Duo order: Big pie 55500-56000 Duo, defense 54800, target 60000
Kong list: pie 60000-61000 Kong defense 61700 target 55000