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Monday, early morning surge, firmly bearish!
A very simple market trend, overall moving in a oscillation, early morning firmly bearish, waiting for the market to rise to the target level, then decisively entering the market, taking down the 1600 point range, followed by two small rebounds! The target of 81,800 points is still held!
Today, overall, the market has taken down 5,136 points, with 20,468 barrels of oil, most people are misled by the market chaos, I only focus on the core trend mainline, pre-judging the market direction!
As of now, there is no definitive news, the early morning market will still move in a wave of oscillation, the resistance at the 83,000 level is strong, requiring some external force to push through! Personal suggestion is to buy high and sell low in the early morning, trading within the 80,300-82,300 range back and forth!
If you don't know how to trade, just follow Eagle Eye's approach, listen and do as told, even if your position gets broken, you'll turn the tide!