Although the ultra-short moving average has crossed above, the long term resistance at 4281 is hovering above, creating a "top resistance" zone. If the key level is lost in the short term, there may be significant downward space for short positions.
It is recommended to short in the 4100-4130 range, with the first target at 4060, and then at 4000.
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Although the ultra-short moving average has crossed above, the long term resistance at 4281 is hovering above, creating a "top resistance" zone. If the key level is lost in the short term, there may be significant downward space for short positions.
It is recommended to short in the 4100-4130 range, with the first target at 4060, and then at 4000.