Market analysis on April 30
1. Big Pancake Auntie market trend
1. Auntie intraday trend analysis
From Auntie's intraday trend, we can see that after the market touched 3365, it started a downward correction, and then stepped back to the position of 3100 below and started a rebound. It happened to be the c wave decline in the b wave trend, and the stepping back position was just near the starting position of the b wave. The market will move in a wave 1 trend today. So today, the main force will focus on the lower position of 2180-2170 and the pressure position of 2280-2300 for operation.
2. Analysis of the intraday trend of the big cake
Let's take a look at the situation of the big cake: the trend of the big cake touched the 61800 position yesterday and started a round of rebound trend. Then there was a pullback at the pressure position at the 64700 position above today, and followed the trend to come out of a bottom 1 wave pullback trend and a 2 wave decline. A bottom-picking signal appeared in the 4 hours below, and the bottom diverged from the trend of the double golden cross situation. The rebound strength of the market today is stronger. The focus is on the 64800-65000 first-line area above.
2. News situation
From the news perspective: the Hong Kong ETF launched today is a recent positive news, which is bound to stimulate the market situation for a period of time, but yesterday's US stock ETF was not strong and the structure did not buy, but began to ship. The market began to become a long-short game between institutions.
