Daily Market Analysis (11.10)

Weekly level: The weekly line has closed, with the price above 10.83, and the closing line higher than 10.1. Although the market has not shown a downward trend, we continue to expect a rebound this week. If the price stands above 10.82 this week, it will mark the end of the downward trend.

Daily level: 10.65 has closed above, the next target is 1082 and 11.05. If it doesn't close above, it will continue to pull back at several positions. If it falls back to 10.39, the uptrend that started at 9.89 will end, and it will test 9.66 and 9.4 below.

4-hour level: Using 10.41 as the watershed, continue to look bullish above it, and if it goes below, the upward movement will end, leading to a pullback to test 10.1 and 10.18. The recent upward rebound starting from 9.89 is currently viewed as an adjustment wave, which must form a guiding wedge to constitute a driving wave; if it cannot be formed, it will continue to decline and break new lows.