The evening of December 13th

CN
段辰北
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10 months ago

The price of Da Bing has been maintaining a low-level operation since the sharp decline at the beginning of this week. Although there have been rebounds during the trading day, the bears have been winning each time, ultimately leading to a continued decline. Yesterday's daily candlestick formed a small doji, indicating a temporary pause in the short-term downtrend. It is expected that there will be a period of contention above the 40,000 level in the future market, so it is not advisable to chase after short positions.

The high points of the four-hour oscillation have been continuously moving lower, indicating a bearish trend. It is recommended not to chase after short positions and to try to take advantage of the rebound for shorting. Currently, the pressure is between 41,400 and 42,500. There is no need to rush to participate in the intraday oscillation rebound at the moment. It can be quite frustrating to short the market too early in a corrective bear market. Wait for the right position before shorting. There have been multiple attempts to test the 40,600-500 area, which presents significant resistance. This area will be a key focus in the future market, and it is advisable to arrange short positions here when the opportunity arises in the short term.

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