We are all turtles, carrying responsibilities and dreams, and have also been resentful. One day, you will find that they have become your only unwavering support.
In the early hours, the price was under pressure for a pullback, with a high around 27400 and a low around 26600, a drop of nearly 800 points. The pace has gradually accelerated, and the market is no longer as slow as before. The evening session is still playing out as usual, and the volatility is gradually increasing. The saying "golden September and silver October" is not without reason. Seize this opportunity and take action!
From a technical perspective, looking at the daily chart, yesterday's strong upward movement broke through the upper resistance, but did not lead to an opening of the price channel upwards. Instead, it maintained a narrowing posture. In the early hours, the price underwent a pullback and correction, but the trading volume was not affected, still maintaining a continuous increase in the long position. The moving averages also maintained an upward trend. In terms of rhythm, the long position still maintains a certain advantage, but the upward space is not very large, so there is no need to be overly bullish.
Looking at the short-term chart, after the price was under pressure, a large downward correction occurred, until it eased at the midline support, and did not successfully break through the support. However, there were no clear signs of a rebound in the price, and the trading volume was affected by the large downward correction, directly showing a strong decrease in volume. The moving averages also showed a downward trend. There is still a certain need for a pullback in the short-term chart, but there is not much room below, so we should maintain a long position during the pullback.
Trading suggestion: Go long in the 26450-26350 area, with a target of 26850-27050. If it fails to break through 26900, go short directly.
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