During the daytime, the market dipped to around 65,600 before bouncing back and increasing to around 68,400. The trend then moved up to around 19,06 and reached near 20,21. The four-hour bearish trend gradually shrank and touched the middle band, forming a gradual upward crossover. On the hourly level, it crossed above and faced resistance near the upper band. The market gained momentum, and a low-entry strategy is suggested for the evening.



Monday evening:

The market is around 67,500-67,000; look towards 69,000-69,500.

The market is around 1,985-1,965; look towards 2,035-2,055.
View Original
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin