4.20 Midday Thoughts Sharing

During the midday session, market fluctuations are relatively stable, and both bulls and bears are still locked in a standoff at low levels. Whether the rebound can continue depends mainly on whether the price can break through and hold above the pressure zone, opening up more room for further recovery; if the rebound meets resistance and falls back, it is highly likely to return to a weak consolidation-and-oscillation rhythm.
After Big Bing (4-hour timeframe) touched the phase’s high, it has entered a sustained downtrend; the highs keep moving lower, the lows keep getting refreshed, and bearish momentum remains dominant. Although there are currently some signs of a small pause in the selloff and stabilization, overall it is still in the weak correction phase of a downtrend, and no clear reversal signal has emerged yet.
Big Bing trading strategy: Short around 74,500-75,000, target around 73,500
Second Bing trading strategy: Short around 2,290-2,310, target around 2,250
#美伊冲突再起引发市场动荡