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Morning Analysis for 3.19
The euphoric atmosphere from yesterday has completely dissipated, and the market has returned to calm. Observing the hourly chart, the short-cycle moving average system is subtly shifting and beginning to turn downward, suggesting that short-term price action is evolving toward a weakening direction. Given that the current price movement is somewhat congested, our strategy is to remain patient and wait for a rebound to relatively higher levels before entering short positions. Therefore, the core strategy remains unchanged: follow the trend and look for shorting opportunities.
Operating Suggestions
Short around 71900-72400 on rebounds, with targets at 70500-69800. If broken down, continue targeting 69000.
(Aggressive traders can short directly around 71500 at current price!)
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