5.2 Morning Market Analysis Key Signals for Trend Reversal from Support to Resistance

The morning market technical view shows multiple pressure-bearing signals. The strength of the downward reversal is gradually becoming apparent, and the overall bearish logic is clear and unmistakable.

After the price surged to rise higher, it fell back under pressure. After touching the upper Bollinger Band, it turned downward. It has now lost the key support at the middle Bollinger Band. The Bollinger Bands have shifted from narrowing and upward-moving to flattening and turning downward. The downward suppression from above continues to strengthen, and the downside space is further opened.

In the short term, the 7-day moving average is turning downward and is about to cross below the 30-day moving average, forming a death cross pattern. The moving average system has shifted from support to a strong resistance level. Any rebound by the price cannot break through the moving-average suppression, and bullish momentum has completely depleted.

The MACD indicator’s red bars are shrinking rapidly, and the DIF and DEA lines are turning downward. Bearish momentum continues to release, while downside momentum keeps accumulating. The morning market is mainly characterized by rebound resistance and a bearish bias; follow the trend to position and precisely capture pullback profits.

Trading Suggestions
Enter short positions near 78700-79200 during rebounds
Targets are around 77500-76800.

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