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At the early-morning node, I’ll chat briefly with everyone about the market trend ahead! On Wednesday, the overall direction is still bearish! But in the early morning, the key support at the 76,000 level was seen through; after two straight days of retesting, it still couldn’t be broken. Tonight’s early-morning session is an extremely important time node!
Coincidentally, it’s Wednesday—this is the key turning point of the pattern change! If in the early morning it can effectively break through the 76,000 level, then on Wednesday you’ll need to watch for the 73,800 area! If the retest can’t break it, then on Wednesday be careful about following the rebound rhythm! The long-term plan at 82,000 has currently 6,000 points of upside/downside room, and the position has already been reduced!
The current price and the plan that were given earlier—based on the current average price—are now around 76,450. And it’s already not early anymore; if there’s any favorable near-term move, it will show up! Don’t stay too rigid in your stance. Traders holding too much exposure in the positions still have a chance to unwind. The early morning doesn’t shut down—Qingyao is here the whole time!