9.7 Analysis of Aunt Shen Li’s Big Cake:
The daily chart shows that the market fell sharply after yesterday's data, falling from a high of 57,000 to 52,500, forming a long negative line.
Looking at the MACD showing an obvious short trend on the hourly line, DIF and DEA are also negative and continue to decline, indicating that it is still in a weak state.
At the same time, the EMAs all diverge downward, and the short-term, medium-term and long-term moving averages all show downward trends. The current price is below all moving averages, indicating that the overall trend remains bearish. But the current price is at a low level, but if you don’t overestimate it, there will definitely be a rebound.
At present, the lowest point in September has appeared, and all the stocks have been liquidated. After the unilateral downward trend, it will inevitably go through a period of weak consolidation and repair. It is necessary to trade time for space to complete the rebound and recovery. After sufficient consolidation time, the market outlook will look for suitable opportunities. Opportunity to intervene with multiple orders at low points! It is expected that it will maintain a volatile trend at a low level for two days over the weekend, and the rebound may not come until next Monday or next Tuesday!
Today’s thoughts:
The pie is laid out around the 52600-54600 range
My aunt’s layout is centered around the 2170-2280 range.
