Big cake: At 9:20 am, the current daily candle trend, there have been three consecutive bullish candles, the EMA trend indicator is in the upward expansion phase, but the extension has not ended yet;
The EMA15 line has reached 64300 and is still extending upward, the MACD shows a clear increase in volume but has appeared a bearish situation, DIF and DEA are still expanding upward but have not completely broken the energy indicator;
The upper resistance of the Bollinger band is 68100, showing very strong pressure, plus KDJ is also blocked at the upper resistance level, so the trend may generally begin to arrange;
The four-hour candle has shown three consecutive bearish candles, from 68400 down to around 67000, although it has now adjusted to 67700, the expansion of the EMA has pulled the EMA15 trend line down to 66700;
The next support level that can be referred to is 65500, MACD shows divergence at the top and the volume is decreasing, DIF and DEA also begin to narrow, Bollinger Bands show obvious narrowing between buyers and sellers, the upper level has narrowed to 68850, the mid-support level has reached 66200, KDJ has formed a dead cross;
The overbought situation has existed for a long time, a positive correction is needed, otherwise the correction will not be able to continue to extend the effect, at this time there is no need to chase high prices or sell off, waiting to continue shorting at new highs is a wise choice;
Thieu Kham is still holding the position of 68300, now just need to wait patiently for adjustment, it is all just a matter of time.
