The idea is to first suppress and then promote. Good morning, brothers. Yesterday, Lao A mentioned that breaking through resistance is not that easy, and escaping the range is even more difficult. The intraday Hangqin basically moved up as expected and then retraced, pulling back from the top smoothly.
The daily chart closed with a long upper shadow shooting star. If this candle closes at the top, it is a very clear bearish signal. However, in the context of the overall range, it can only be seen as a slightly bearish signal again. The market is returning to consolidation. As always, do not expect a major breakout above the top or a major breakdown below the bottom for now. Additionally, during the New Year holiday, liquidity will decrease, so this needs careful consideration!
Short around 88200, add to short around 89200-500, with a stop-loss above 90500. Watch 86400, if strong, target 85000. Long around 2960, add around 3000-3020, with a stop-loss below 2060. Watch around 2900, if strong, target 2850. If breaking below 86400 and 2900 is difficult, you can directly Doudan enter!
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The idea is to first suppress and then promote. Good morning, brothers. Yesterday, Lao A mentioned that breaking through resistance is not that easy, and escaping the range is even more difficult. The intraday Hangqin basically moved up as expected and then retraced, pulling back from the top smoothly.
The daily chart closed with a long upper shadow shooting star. If this candle closes at the top, it is a very clear bearish signal. However, in the context of the overall range, it can only be seen as a slightly bearish signal again. The market is returning to consolidation. As always, do not expect a major breakout above the top or a major breakdown below the bottom for now. Additionally, during the New Year holiday, liquidity will decrease, so this needs careful consideration!
Short around 88200, add to short around 89200-500, with a stop-loss above 90500. Watch 86400, if strong, target 85000.
Long around 2960, add around 3000-3020, with a stop-loss below 2060. Watch around 2900, if strong, target 2850.
If breaking below 86400 and 2900 is difficult, you can directly Doudan enter!