The pie hit a new high again on Thursday, and yesterday experienced a correction and stabilization process back to the 61116 line. During the day, the pie showed a steady and slow upward trend and gradually climbed up. Later in the evening, stimulated by the positive CPI news, the market regained its lost ground and hit a new high of 66382 during the week. It closed at a high, forming a significant positive line. The short sellers in the market have no power to fight back. The overall situation is showing a strong consolidation and correction trend, and the market is rising strongly.
With the daily high closing, today's short-term market is expected to further continue its strong pattern, break the previous correction trend, and turn into a strong rise. On the 4-hour chart, the market first retreated and then rose yesterday, in line with expectations. Although the magnitude of the retreat was relatively small, it still held on to the previous day's low. At the same time, the pie successfully regained the middle track and opened the upper track, showing strong upward momentum.
With 61116 as a stable support point, breaking the high point further consolidated the support position. Yesterday's operation strategy of going short first and then going long on the backhand was basically in line with expectations. The strong effort to break high in the late trading highlighted the strong position of the bulls. In view of yesterday's high closing, today's market will continue its upward trend. Therefore, in today's operation, we should actively follow the market trend, take a long look first, and seize the opportunity of the strong rise of the market.
The pie recommends targeting 67,000 near 66,000-65,700
Demeanor suggests multiple targets near 3000-2980 3100
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