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April 24 Morning Analysis
Market conditions almost entirely follow Yi Fan's approach every day.
Currently, the middle band of the Bollinger Bands is around 77,757, and the market has been operating above the Bollinger middle band throughout, indicating a standard bullish strong trend structure.
The lower band of the Bollinger Bands is also turning upward and closing, with the overall channel shifting from a complete downward opening to an upward expansion, and the overall market sentiment for long positions continues to heat up.
The price has repeatedly tested the middle band support and all stabilized with rebounds, proving that the buying pressure below is very strong.
As long as the middle band support is not effectively broken, the short-term bullish upward trend will not change.
Yi Fan personally suggests targeting around 78,500-79,500 from the 76,500-77,000 area.
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