3.6 Friday Early Morning Market:



Yesterday's daytime market hovered around 73,300 with a stepped decline, then rebounded and rose to around 73,500. Later in the evening, the momentum decreased, and the price fell back to around 71,200.

During the day, the price maintained a range around 2,140-2,100 with oscillations. Later in the evening, it moved around 2,160, with bearish momentum decreasing and falling back to around 2,066.

In the early morning, both long and short positions were opened. During the midday, two consecutive short positions were closed, and in the evening, a long position was closed.

Currently, the daily K-line structure shows increasing bearish momentum with the MACD gradually moving upward. On the four-hour chart, the bearish momentum is gradually decreasing, approaching the midline. Support is around 70,200. The trend is upward, but the MACD is gradually crossing downward, and the KDJ indicator shows a death cross moving downward. On the hourly chart, bearish momentum is decreasing and falling below the lower band.

Friday Early Morning:

Market around 70,500-70,000, looking towards 71,500-72,500. Watch out for around 69,500.

Market around 2,030-2,000, looking towards 2,080-2,100. Watch out for around 1,975.

Market is highly volatile. Pay attention to risk management and defense. Within the range, profit-taking is advised.
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YoungMasterZhaoHodlvip
· 03-05 16:21
Three条 zhao 8868
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YoungMasterZhaoHodlvip
· 03-05 16:21
Gong Zonghao, Young Master Zhao HODL
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