Afternoon Thoughts
From the daily level, the market fluctuations over the weekend did not show a clear trend. Yesterday, a negative candlestick with small upper and lower shadows was closed again, and the price was still above the daily MA5 daily average line, which is the key support for the short-term. If the daily MA5 daily average line is effectively broken, the market will continue to pull back to the 87,000 line.
From the 4-hour level, the weekend price has always been running above the MA30 daily average line, which forms support at the 90,000 mark. In the short term, we only need to pay attention to the competition for this line, which can be used as a watershed for short-term longs and shorts. If it can be held, the market will continue to fluctuate at a high level; otherwise, it may pull back to the 87,000 line. We just need to wait and see the market changes and wait for the trend to form.
For afternoon pancakes: 91500-91800 attachment, look at 90800-90500
For afternoon concubines: 3150-3170 attachment, look at 3120-3100
