$STRK #STRK The market has not yet formed a clear single-side bias; the 1-hour and 24-hour rhythms are still tugging at each other. At this stage, focus on the boundaries of the range rather than the color of every individual candlestick.

In terms of key performance: the current 1-hour change is -0.21%, and the 24-hour change is +1.71%. These two cycles have not yet established sufficiently clear same-direction coordination. In a range-bound market, the tolerance for chasing or selling is lower. It’s more suitable to use confirmation from the upper boundary for direction, confirmation from the lower boundary for holding, while using the midline only as the line dividing strength and weakness.

For key price levels: 0.023105 is the midline that a weak repair must reclaim. If price cannot stand back above here, any rebound should still be viewed as a technical correction. Below, 0.0228 still has a possibility of being tested again. Only after reclaiming the midline do we have the right to further observe 0.02341.

For the subsequent path, handle it in three ways: (1) If price effectively holds above 0.02341, wait for a pullback that does not break before reassessing continuation. (2) If price breaks down below 0.0228, prioritize risk control and wait for new support. (3) If it continues to oscillate around 0.023105, treat it as turnover within the range and don’t repeatedly chase direction from the middle position.

For those who already have positions, the key is to manage based on whether support has failed, not to get carried away by every fluctuation. For those with no positions, prioritize waiting for a breakout with a retest or for support confirmation. Spot positions can be built in batches; for futures, shorten the decision chain—first determine the stop-loss location, then decide whether to participate.

The focus of futures is not to predict every candlestick. It’s to ensure that entry, reducing positions, and exiting all have a basis. If there is no confirmation, do less. If a key level fails, redo the plan—first control single-trade risk, then talk about the upside/downside potential.

I won’t speculate on up or down for now. I’d rather see how the price chooses. Do you think it goes up first or down first? Do you know quant hedging arbitrage trading bots? Join the chat room.

#LMECopperStocksFall42DaysLongestSince2014