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Remember, trading is just a journey of growth in our lives, don't pay too much attention to gains and losses, happy trading is what matters.
First, let's look at the daily chart:
Volume decreased while rising, the important resistance level is 979, the bulls have not fully reclaimed lost ground, this wave of decline originated from the night before Thanksgiving, foreign traders have a habit of taking profits before holidays.
Today is a holiday abroad, so there won't be any institutional buying or selling.
Therefore, there shouldn't be too much volatility.
Let's review the small trading opportunities from yesterday:
Yesterday's strategy suggested opening a short near 930 to 936, I observed in real-time that the downward force was insufficient, so I exited at 928, making a small profit on the fees. Then you can see the two orange diagonal lines I drew, the breakthrough of the diagonal line confirmed support near 928, and this position can be bought, making a profit close to 3000 points.
Trading is like this, changing rapidly, once the pressure is broken and support is confirmed, it's time to buy.
Subsequent sharing will synchronize content when signals appear in the market to avoid mistakes.
So let's see if there are any trading opportunities today:
The upper resistance is at 972, break through to look at 982, and the lower support is at 947.
So today's trading thoughts are as follows:
Sell: first target 972, stop loss 975. Second target 982, stop loss 986. Not painful and safe.
Take profit looks at the support situation around 947, if it can't hold, continue holding.
Buy: 947, stop loss 943, at this stage I personally think it's only suitable for short-term buying, there is considerable resistance above, take profit limit around 996.
Today's trading thought analysis is complete, how do you feel, dear viewers? You can exchange and discuss in the comments section, here is your Xiaobai, providing free daily analysis (heart emoji).
