9.20 Midday technical analysis
Looking at the daily chart, a big positive column ended yesterday, and the market was positive for three consecutive times, opening the gap above the Bollinger Band. Looking at the MACD daily chart, the fast and slow lines are both upward, with the fast line running above the zero axis, and the slow line running above the zero axis. The line is close to the zero axis, and the RSI is close to the overbought zone.
In the short term, there is still some room above. The current market trend is still upward, but the subsequent supply is insufficient. The high is under pressure near 63850. The price correction is running near 63400. The overall upward strength has weakened, but the general direction remains unchanged.
The short-term trend is in correction and adjustment. If you are prudent in day operations, you should go long on corrections. If the position breaks on the upside, you can choose to follow up with a light position to capture short-term gains.
Big pie 63000-63200 nearby 62400 supplement target
64500
Two cakes, around 2480-2500, target 70-100 points, defense 50 points