Market Trend Analysis
1. Current Situation
The trend of the volatile market has been broken through with a high probability, and the market has chosen to continue to move upward!
To determine whether it has completely stabilized, we must observe whether the position of 65,000 can be stabilized (whether it can be stabilized within this week),
Weekly K stabilizes at 65,000, which means the establishment of a bullish trend, otherwise it will still be a volatile trend,
Where it comes and goes (58,000).
Breaking through 73,800 is the beginning of the sea of stars!
2. K-line analysis
From the K-line of the monthly and weekly lines, the overall level is an upward trend, so whether it can continue to rise,
It is necessary to observe the two positions above, one is the resistance level of 67,000;
The other is the resistance level near 70,000!
The daily level continues to maintain an upward trend, but this position may see a weakening of long positions (short-term profit-taking funds leaving the market).
The upper resistance level is around 67,000, which means there is still about 2,000 points of profit space above!
3. Operation sharing
During the day, it is still trading on the left side of the support
Or breaking through the 4H support to do a right breakthrough transaction.
The entry points for the two methods are as follows:
Left side trading:
64,800, 64,500, 63,800 in batches
Right side trading:
Go long when breaking through 65,200, and cover long orders when breaking through 65,500
Look up to around 66,800
