Good afternoon, everyone. I am King Caesar. Today is August 1st, and the market has arrived as expected. The market on the first day of August did not disappoint everyone. Yesterday, the overall trend was still in the range of fluctuations, and it was expected to fluctuate repeatedly. The market rebounded directly after stepping back to around 29,000, and reached a high of around 29,500 before falling back slightly. The overall trend is quite consistent with our expectations. In the evening, the market also fell back to around 29,100 as expected. In the morning, there was another strong injection. The current market is running around 28,900.
In the 4-hour technical structure, the Bollinger Bands open flat, the K-line runs in the middle and lower tracks, the short-selling volume is running moderately, the current rhythm is still slow, the K-line turns from two negative to two positive and the overall is weak and consolidated, the market has been maintaining a narrow range of 28700-29500. From the current trend structure, the rise is accompanied by a fall, and the fall is accompanied by a pin in the morning. It has not been continued in reality. The overall trend structure is still around the range, the rise and fall are not too strong, and the continuity is not enough. At present, we can still maintain the idea of high-altitude and low-multiple to layout.
Operationally, short at around 29000-29100, target 28700-28500, defense 29200
Second cake 1836-1843 empty, target 1820-1800, defense 1850
Good luck to everyone 🌹
