May 22 Evening Analysis

Will the new Federal Reserve Chair throw a wrench tonight? The secret to sudden wealth in historical patterns—stop only betting on rate cuts!

The market is all talking about a decisive moment tonight, but most people are still watching whether there will be a rate cut. However, the key signals that can truly change the trend have long been hidden in historical patterns; those who understand them are already quietly positioning.
Looking at the Bollinger Bands indicator, the price has just stabilized at the middle band, showing a short-term bullish trend. The upper Bollinger Band at 78,127.1 forms a critical resistance; only a volume breakout above this level can give the market further upward space. The lower band at 76,474.7 provides a solid support line; as long as the price does not effectively break below this point, the oscillating and strengthening structure will not be broken.

In terms of moving averages, the short-term 7-period moving average is closely aligned with the price, indicating a tense battle between bulls and bears. The 30-period moving average is gradually flattening, with downward momentum continuously weakening, signaling signs of stabilization and recovery.

- Resistance zone: 78,000-78,200, overlapping with previous high resistance; before breaking through, the trend is likely to face pressure and pull back.
- Short-term support: 77,000-77,200, a zone where the moving average and the middle Bollinger Band coincide; losing this support will cause the market to revert to weakness.
- Strong support: 76,400-76,600, the core point of the current trend’s bulls and bears division.