The market conditions over the past two or three days are that the bears haven’t been able to keep pressing; after a slight dip, buy orders quickly bought it back. Overall, it’s still in a posture of building strength and waiting for a breakout. In the short term, the strategy is simply to buy at lower support levels, or—if it breaks to new highs—chase the breakout and buy the rally. Those are the only two ways. Currently, the China-U.S. meeting is likely to turn into near-term “good news priced in,” so the chances of a pullback afterward are higher. If you’re willing to wait, you can wait for a daily-chart-level correction, but you’ll have to take on some risk of missing the next entry by waiting too long.
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