7.7 Morning Technical Analysis!

[Green Ribbon] [Green Ribbon] From the perspective of the daily technical structure, the daily level is obviously weak. Since the double top suppression, the market has continued to maintain a weak downward trend. The K-line is mainly a negative line stepping back, forming a continuous action of the short position, and the low point is also moving down. The moving average indicator is also extending downward. The bulls are all given a rebound correction signal, and there is no substantial rebound action.

The downward trend on the 4-hour chart is very obvious. After each new bottom appears, it gives a rebound correction action and then continues to go down. This is also the normal way in the downward trend. There is no reversal signal in the short-term trend, so you can participate in the operation! Continue to be short if there is a slight rebound.

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