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Technical Analysis of the morning of 10.13
On the hourly chart of the short cycle, the market yesterday retraced and then rebounded, returning to the middle-upper track area. Currently, it is under pressure around the 63500 level.
The market has moved out of a small range and entered a high-level consolidation. Short-term market sentiment is relatively sluggish, and both long and short sides are gradually deadlocked, with weakened action, entering a phase of adjustment, with a trend of retracement.
As long as the key support level is not broken, the market still tends to rise. The specific situation still depends on the strength of the pullback, so it is recommended to observe the rebound and pullback in the operation of Silk Road. #财经
The price is likely to be around 62500-62000, and watch for 63500-63800