On Wednesday, the market for the "Big Pancake" showed no significant changes. After a rebound in the evening, it stopped near 27500, and the continuity of the long and short positions was very poor! This market formed three stagnant rises around 27500, all of which were in vain. Therefore, in yesterday's and today's layout, Jiangchen's strategy is very clear: short at high points, short at pressure points, and arrange short positions multiple times in the 27400 area, with positions taken at 26650, 26900, and 27000 respectively. Taking short positions at pressure points in batches can bring certain small profits! It's also a bonus! The slow bull rebound in the market is not a reversal! Long positions are possible, but one should exit; however, the preferred strategy is still to short at high points. This kind of operation is relatively easy and easy to control!
The focus today is still on the early morning fundamentals. The Federal Reserve will begin a two-day FOMC meeting, followed by the release of this period's interest rate decision and dot plot, and then Mr. Powell will hold a press conference. Before the event results are released, it is expected that market sentiment will remain cautious. In today's market, the daily K-line is currently hovering near the upper track, but the market is weak; the rebound near 26900 is also around 27500. The rebound is basically weak, and 27500 is also a short-term watershed for long and short positions, not yet constituting a reversal to an upward trend, still indicating a main short signal. The support levels below are around 26900 and 26200, which are different degrees of support levels.
Considering the intraday trend, the strategy before the interest rate decision is to maintain a range-bound approach, with the range temporarily between 26900 and 27500. Follow the trend if the range is broken, but specific actions still need to wait for the fundamentals to materialize. Jiangchen is also following up in real time!
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