Day66 Market Analysis
The market continues to compress and consolidate at a low level, with today's expectation to fluctuate within the extremely narrow range of 1947 ~ 1922.
In the face of such an extremely converging market, it is advisable to patiently wait for a directional signal after a breakout from the range, and not to over-trade within the narrow range.
🔴 Bullish Rebound Plan
If the upper edge of the range at 1947 can be effectively broken,
the rebound targets to watch above are: 1977 / 1993 / 2008.
🟢 Bearish Continuation Risk
If the lower edge of the range at 1922 is broken, it means that the support at the low has failed,
the pullback targets to watch below are: 1892 / 1861 / 1834.
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