Good afternoon, everyone! Continuing the weekend... The market is in a sideways consolidation with not much movement, and the rebound levels provided have not been reached. The pullback is just around the first target near 1172 for another rebound. Today, I will continue to look up towards around 1185; if it breaks, then look at 1190-1195. To emphasize again, if the larger level still cannot stabilize above 120,000, the smaller timeframes will still see pullbacks. On the short term, if the rebound does not break 1185, then we will see a pullback. The downside will look at the overnight low around 1172-1168; if it does not break, we will take the rebound. The concubine provided a rebound near 3480 last night, and the pressure for the next day is expected to look at a pullback to 3600, with support around 3530 for a rebound. As long as those who have carefully read my document can place high short and low long orders, they can enter the market. Just now, it pulled back to around 3700 for adjustment, and the first target below is around 3630-3600. If it doesn't continue downward, the market will rebound again. If it breaks, wait for a rebound around 3580-3550, with a defense at around 3530-3500. For pullbacks, look at these two upper positions of 3700-3750. The key is to pay attention to tonight's movements.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
7.20 Sunday
Good afternoon, everyone! Continuing the weekend...
The market is in a sideways consolidation with not much movement, and the rebound levels provided have not been reached. The pullback is just around the first target near 1172 for another rebound. Today, I will continue to look up towards around 1185; if it breaks, then look at 1190-1195. To emphasize again, if the larger level still cannot stabilize above 120,000, the smaller timeframes will still see pullbacks. On the short term, if the rebound does not break 1185, then we will see a pullback. The downside will look at the overnight low around 1172-1168; if it does not break, we will take the rebound.
The concubine provided a rebound near 3480 last night, and the pressure for the next day is expected to look at a pullback to 3600, with support around 3530 for a rebound. As long as those who have carefully read my document can place high short and low long orders, they can enter the market. Just now, it pulled back to around 3700 for adjustment, and the first target below is around 3630-3600. If it doesn't continue downward, the market will rebound again. If it breaks, wait for a rebound around 3580-3550, with a defense at around 3530-3500. For pullbacks, look at these two upper positions of 3700-3750. The key is to pay attention to tonight's movements.