4.30 Market Analysis: Weakness Correction Unchanged, Range High Sell Low Buy

Review of yesterday's trading, although the long positions arranged in the morning were once stopped out, after the market showed changes, the team quickly adapted to the market rhythm and switched strategies, timely shifting to a short position. From the overall account performance, the slight pullback of long positions was promptly compensated, ultimately still achieving positive profit. (Image ↓ Comment section)

During the night and early morning hours, we decisively re-entered long positions at low levels, successfully capturing about 800 points of rebound space. This process once again confirms the core principle of following the trend—although yesterday’s decline caused a partial pullback in longs, as long as the direction is switched in time, considerable gains can also be achieved. The key to the market is not the gain or loss of a single trade, but the overall rhythm control.

Currently, from the 4-hour chart, the price is still operating below the middle band of the Bollinger Bands, generally in a weak correction phase after a decline, with no strong reversal signals yet. The main trend remains bearish, and any rebound is temporarily seen as short-term oscillation or short-term buying opportunity, not overly optimistic.

On the 1-hour chart, although the price briefly touched the middle band of the Bollinger Bands, the resistance in the 76,500–76,800 area above is quite evident. The rebound lacks volume support, making effective breakthroughs difficult, and it is likely to continue oscillating within the range.

On the 15-minute cycle, indicators are approaching overbought territory, and blindly chasing longs at the current position is not cost-effective. The prudent approach is to wait patiently for a pullback before considering long entries.

In terms of operations, focus on high sell and low buy within the range, mainly shorting high, supplementing with low longs:
Rebound high shorting (main idea): If the rebound repeatedly tests the 76,500–76,800 range and cannot break upward for a long time, consider light short positions. Place stop-loss above 77,000, first look for a pullback to 75,800, then to the 75,200 range.
Low buy at low levels (secondary idea): If the market pulls back to the 75,500–75,200 range and stabilizes above support, try small long positions. Stop-loss below 74,800, target rebound to 76,200–76,500.
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