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When the market is soaring, perhaps all resistance levels will fail
When the market is plummeting, perhaps all support levels will also fail
But you must be careful about the resistance level of the rebound after the plunge, just like the support level of the rebound after the surge must be effective
See the figure for specific resistance positions
9:30 The expectation of a lower inflation index contrasts with Powell's hawkish attitude, which may also be one of the factors of this rebound. Therefore, when encountering resistance levels, you can reduce your position appropriately. If it breaks through effectively, you can enter the market again. Otherwise, there will be another wave of decline; operate with caution!
