Merry Christmas everyone. These days, Western holidays combined with the weekend, and the market will be in a relatively calm period. Last night, a downward test of the key level 2880 was met with a rebound. This morning, it touched the short-term resistance at 2960. Currently, the market is all bearish, and traders are reluctant to make moves, resulting in very low volume. During the daytime, focus on the 2900-2920 range, with a break below 2880 as a defensive signal. On the upside, 2960-2980, a break above could target the 3020 level, with a turning point around 3050.
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.
Merry Christmas everyone. These days, Western holidays combined with the weekend, and the market will be in a relatively calm period. Last night, a downward test of the key level 2880 was met with a rebound. This morning, it touched the short-term resistance at 2960. Currently, the market is all bearish, and traders are reluctant to make moves, resulting in very low volume. During the daytime, focus on the 2900-2920 range, with a break below 2880 as a defensive signal. On the upside, 2960-2980, a break above could target the 3020 level, with a turning point around 3050.