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July 14 Morning Analysis
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Monthly upward trend Weekly upward trend ( two bullish candles ➕ one special star, indicating a new high )
Daily MACD solid green, 4-hour MACD solid red, indicating a sideways market.
In 4, 6, and 8 hours, the MACD is at a high position, indicating a need for a dead cross repair. The market adjustment time is insufficient, and there is still a need for central oscillation.
30 minutes of fluctuation around the center, short positions can be taken above the center, with a focus on strength in the 5-minute timeframe. Look for a top divergence to enter short positions when exhaustion occurs, with the target being the slope line linked to the low point 117500( and ).
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