Lao Cui: Blind short selling is not advisable, the market is still reversed!
The hustle and bustle in the world is all for benefit; the hustle and bustle in the world is all for benefit! Good evening everyone, I am Lao Cui. After two days of fluctuations, today I have also stepped out of the range, and successfully reached a new low of 1580. The high reached 1635, and the overall volatility was nearly 55 points.
Returning to the topic, the crude oil market has plummeted recently, gold has also fallen off the altar, and Israel has declared war. It can be said that the international situation has changed dramatically, with one wave rising after another. This also strengthens the evidence that the overall trend is bearish. The currency circle has also declined again, and the overall economic situation is foggy. This trend is indeed a bit torturous. In the short term, the trend is completely biased towards the short side. Caustic soda closed down 3.77% in night trading, coke closed down 3.04%, and soda ash also closed down 2.69%. The energy sector can be said to be in a mess. Lao Cui was confused and elusive. When the night futures opened, fuel oil, crude oil, and Shanghai lead fell by more than 1%, asphalt, and low-sulfur fuel oil fell by nearly 1%; Shanghai nickel rose by more than 1%.
Judging from our currency circle, the decline is even greater. Retail investors on the market fled really quickly. The dealers have been observing for a long time but have not taken action. The bulls have completely lost control today. According to our overall analysis, the early position is 1625. It falls directly below and then goes all the way down, which is also in line with our short-term short prediction. But don’t be anxious, there is still a chance for the market to reverse. After studying the market for a day today, I found that the 1576 position still has certain support and a large amount of buying orders remain. This may be the turning point of the market. The most important point is to emphasize to everyone that since the last high point of 1780, the market is still in the correction stage, so short positions are still in the trend. If you want to counterattack, you still need to bear a lot of responsibility. risks of. Focus on observing whether the 1600 position can be stabilized in the near future. 1600 is the dividing point between bulls and shorts. Once it cannot stabilize, the market will still go down. You don’t have to wait for the bulls to counterattack. You can just go with the trend. Only when the key points are stabilized can the market continue. If there is a possibility of counterattack, you can try long orders with small positions.
Lao Cui’s message: The full text is based on personal speculation only. This article does not have any reference value. Please be cautious when investing. I wish you lots of money!#一起来跟单 #DeFiChallenge
The hustle and bustle in the world is all for benefit; the hustle and bustle in the world is all for benefit! Good evening everyone, I am Lao Cui. After two days of fluctuations, today I have also stepped out of the range, and successfully reached a new low of 1580. The high reached 1635, and the overall volatility was nearly 55 points.
Returning to the topic, the crude oil market has plummeted recently, gold has also fallen off the altar, and Israel has declared war. It can be said that the international situation has changed dramatically, with one wave rising after another. This also strengthens the evidence that the overall trend is bearish. The currency circle has also declined again, and the overall economic situation is foggy. This trend is indeed a bit torturous. In the short term, the trend is completely biased towards the short side. Caustic soda closed down 3.77% in night trading, coke closed down 3.04%, and soda ash also closed down 2.69%. The energy sector can be said to be in a mess. Lao Cui was confused and elusive. When the night futures opened, fuel oil, crude oil, and Shanghai lead fell by more than 1%, asphalt, and low-sulfur fuel oil fell by nearly 1%; Shanghai nickel rose by more than 1%.
Judging from our currency circle, the decline is even greater. Retail investors on the market fled really quickly. The dealers have been observing for a long time but have not taken action. The bulls have completely lost control today. According to our overall analysis, the early position is 1625. It falls directly below and then goes all the way down, which is also in line with our short-term short prediction. But don’t be anxious, there is still a chance for the market to reverse. After studying the market for a day today, I found that the 1576 position still has certain support and a large amount of buying orders remain. This may be the turning point of the market. The most important point is to emphasize to everyone that since the last high point of 1780, the market is still in the correction stage, so short positions are still in the trend. If you want to counterattack, you still need to bear a lot of responsibility. risks of. Focus on observing whether the 1600 position can be stabilized in the near future. 1600 is the dividing point between bulls and shorts. Once it cannot stabilize, the market will still go down. You don’t have to wait for the bulls to counterattack. You can just go with the trend. Only when the key points are stabilized can the market continue. If there is a possibility of counterattack, you can try long orders with small positions.
Lao Cui’s message: The full text is based on personal speculation only. This article does not have any reference value. Please be cautious when investing. I wish you lots of money!#一起来跟单 #DeFiChallenge
