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Enze: Surge then plunge by 100 points! 5150 low-position long setup window opens
A brief summary of today's market so far this afternoon: this morning, the market surged straight up to around 5248, then a large number of traders exited, causing market volatility, and it quickly dropped to around 5147.
Currently, the overall market is weakening. The current wave can revolve around the 5150 level, with an upside potential of 15-20 points. In the short term, there may still be further pullback risks. If the price breaks below 5140, exit promptly to cut losses and wait for the market to stabilize before re-entering.
Trading suggestions:
Buy on the pullback at 5150 with a stop loss below the previous low of 5140, aiming for around 5170-5180.
Reminder:
The above analysis is Enze's personal view. The market is ever-changing, so everything is based on Enze's real-time insights!