The market has generally formed a swing movement during the daytime. It rose from around 78,300 to near 79,200, then pulled back during the afternoon to around 78,300. The daily candlestick has shifted from bullish to bearish, forming a cross with a long upper shadow. On the four-hour timeframe, the head/body increment has increased and has touched the vicinity of the mid-band. On the hourly timeframe, the head/body increment is gradually increasing.
On Wednesday night:
On the upside, focus on resistance around 79,200–80,000–80,800.
On the downside, focus on support around 78,000–77,500–76,600.
Ahead of the evening PCE data release, the market’s key focus is support around 77,500. If price breaks below, watch for movement toward around the 77,0xx level (near the three-line area). If not, then on the upside pay attention to the 79,500 resistance—watch whether it can break through and stabilize.
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On Wednesday night:
On the upside, focus on resistance around 79,200–80,000–80,800.
On the downside, focus on support around 78,000–77,500–76,600.
Ahead of the evening PCE data release, the market’s key focus is support around 77,500. If price breaks below, watch for movement toward around the 77,0xx level (near the three-line area). If not, then on the upside pay attention to the 79,500 resistance—watch whether it can break through and stabilize.
#布伦特WTI原油跌超3% #韩国KOSPI涨近1% #OpenAI据报完成新一代Bel模型预训练 #美伊据报达成停火共识 #美国财政部设量子就绪工作组 $BTC $ETH