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Jing'an Stone Disk Today's Summary and Navigation Review
Monday started with a crash right from the opening! Early session sharp pull-up never brings good news! You can't walk by the river without getting your shoes wet—I chased early and got cut with one blade, regrettably hitting two bamboo shoots on intra-day short positions! Must acknowledge mistakes, no excuses!
Afternoon readjustment along the Silk Road, secured two trend positions, one position with nearly 1100 points profit, bringing down almost 9000 oil, another position captured nearly 700 points profit, bringing down over 3000 oil. Short-term also adjusted strategy promptly, those keeping pace have already turned losses into profits!
Furthermore, congratulations to our friend with 31,000 oil who upgraded cabin position to 65,000 oil! Trading has never been a smooth sailing! As long as we reach the destination, what's the harm in taking a longer route!
Finally, let's review today's navigation and early morning operation suggestions:
BTC surged to 74481 then oscillated lower, currently maintaining high-level consolidation.
Technically speaking, price is under pressure at the upper Bollinger Band rail, MA moving averages still show bullish alignment, but short-term bullish momentum is weakening, indicators showing pullback pressure.
On the news side, affected by delayed Fed rate cut expectations, market risk sentiment retreated, profit-taking sentiment warmed up, overall entering high-level oscillation phase.
Early morning operation suggestions: Short above 74000-74500 level, short-term target around 73000. Use your own judgment!
Wishing smooth trading!!
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