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2026-4-28
Woke up, I need to attend a parent-teacher meeting for the kitten later.
When I was young, I was afraid of parent-teacher meetings because I didn’t do well in school and was afraid of getting beaten... now I also fear parent-teacher meetings because the kitten isn’t doing well in school, and I’m afraid of being scolded😂...
Looking at this market, it’s still leaning bearish, with no close above 774.
The previous high was 79,400.
A 1-hour retracement: 79,400 x 0.96 = 76,224.
When it first reaches near this price, there will definitely be a rebound, but whether it can turn bullish depends on whether it can bounce up 3% from the low and complete a 4-hour close, which is 76,402 x 1.03 = 78,694.
Until it can break above this price, the overall trend remains bearish.
The 1-hour support has been tested twice already.
If crude oil continues to rise and TTotal doesn’t release Taco, the probability of testing a 4-hour retracement downward increases,
which is 79,400 x 0.935 (the starting point of the 4-hour retracement) = 74,239.
When it first reaches near this price, there will also be a rebound, again depending on whether it can rebound more than 3% and close a 4-hour candle.
The bottom of the 4-hour range is around 72,254.
I still can’t see a direct move from this price to 5xx; my understanding is limited.
Although the old saying goes that the trend will eventually be perfect,
the movement of prices depends on expectations, whether real or false.
War, only when it’s just announced or actually started, has the greatest impact on price expectations.
After it begins, the influence gradually diminishes over time.
The prolonged impact this time is mainly due to the continuous upward movement of crude oil prices.
Looking at previous Taco patterns, it seems that whenever crude oil exceeds 100, TTotal starts talking trash.
He hasn’t spoken for two days, which is unusual for him.
Let’s see if he comes out tonight to “call orders.”
Actually, the NASDAQ is doing okay.
Even if there’s a pullback, it has at least reached a new high in history.
As a secondary asset, we are quite miserable—
rising is slow, and falling is more severe...
Pay attention: if the close moves sideways and breaks through this red line,
or if the line is pushed down during the rebound, the next support zone will be around 755-745.
My DOGE suddenly performs so well, I can hardly believe it😂...
In my watchlist, only DOGE and TAO are still green...