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We conducted a review of this week's market yesterday. Speaking of this Monday, if the market closes at 8am today, it will now be above 104800. I believe that there will be a higher upward trend in prices this week. But we emphasized a principle, which is that while the weekly level determines the structure of 110000 points, the purpose of going up is still to go down.
At present, the daily chart level has shown a rapid decline after reaching 107000 points, and we have already discussed this decline behavior yesterday. Above 106000 and within 110000, there are opportunities for us to conduct empty order operations. Have you all entered the market for trading?
Ether experienced a large fluctuation in the opening and closing of the upper and lower pins. But overall, there has been no movement to follow the rise of the pancake. In this context, I believe that the unilateral rise of the pancake is an individual behavior. He did not drive a significant increase in the overall market.
If based on this conclusion, we believe that the current rise in the market is only a short-term behavior, which means that at least from the current situation, Dalian still meets our expectations from yesterday and believes that there will be an upward trend followed by a downward trend.
However, currently, after breaking through the pressure of the 104800 platform, the Big Dipper also needs to step back to confirm the support action at this position. If the support at this position is effective, we believe that the market will undergo a grinding action at this position. If this position breaks down, the entire market is believed to initiate a trend oriented downward movement.
Of course, today is Monday and the weekly market has just opened. As usual, we will still pay attention to and observe the fluctuations of the market before conducting further analysis. That is to say, during tonight's live broadcast, we will try to analyze the more likely fluctuations in the future market.
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