Let's take a look at today's early market analysis.
Daily:
We saw a significant increase in volume yesterday. The daily target above is at 1060, and 1077 shows signs of being overbought. There are signs of divergence in the MACD. Be cautious on the 18th, 19th, and 20th; the market may shift at any time.
Now looking at the smaller time frames:
Still within the upward channel; pay attention to the support around 1046 to 1036 and resistance around 1077 to 1085. Personally, I lean towards setting up short positions. There’s no market that only falls without rising, and there won’t be one that only rises without falling. For those holding long positions above 1036, try not to overexpose; for those below, set a stop loss at 1025.
Be cautious of risks amidst the festive celebrations; Christmas is just around the corner. Foreigners have a habit of taking profits, usually starting to liquidate a few days in advance. Always pay attention to the market!
Today's trading thoughts are as follows:
Short: Observe the pressure at 1070, with a stop loss at 1080. If the one-hour candle breaks below 1057, look for 1042 and 1033.
Long: Observe the support at 1046; if it breaks, see if 1033 can hold. These are the two points for short-term long trades. Important support at 1025.
The morning trading analysis is complete. What do you think, everyone? Feel free to exchange ideas in the comments. Here is your little analyst who loves you, providing daily unsolicited analysis (heart emoji).
