Lao Cui: The correction depth is not enough, will the waterfall come again?
Returning to our market, the growth of crude oil and gold has slowed down or even declined, which has caused various giants to once again focus their attention on our market, resulting in our current wave of growth. No one can say exactly how long it will last. The large number of pending orders is enough to prove that there is more than one giant. Laymen watch the excitement, while experts watch the door. Friends who are familiar with the currency circle know very well that although the trend is very clear at present, there are waves surging secretly. All kinds of financial giants are competing with each other, so the market outlook will definitely not be bullish, and the waterfall will definitely come. No one can predict the high point before it comes.
Judging from the depth of this callback alone, the bulls still have some remaining power. The upside space is being opened up layer by layer, and there may be another round of growth. So for the market outlook, spot users can try their best to do short-term and try light positions in contracts, which is not bad. Correspondingly speaking, the current market is more suitable for fast in and fast out. As long as the depth of this correction does not fall below the support below, the market will continue to grow as always. Try your best to keep short-term long-term profit at 50-100 points.
In the short term, it is currently in the stage of a correction, but today's gains are not impressive, and the fluctuation range is too small, resulting in a situation where both long and short can make profits. Short-term shorting is indeed a short-term trend (limited to today and tomorrow). After the depth of the correction is reached, the trend is still long. Do not confuse this concept and do not blindly short. The lower shadow line is longer today. Looking at the bottom, there are still people buying the bottom. The profit of short orders must be lowered by 20 points before leaving. The big trend is long. Try not to grab this wave of short orders. The last sentence Words are the point. Unless we can quickly break through the lower support, 2200 position, we should not enter if we are short.