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June 21, 2026
It's the weekend, spent the day lying at home, balancing work and rest. It’s also pretty boring to stare at the computer all the time.
Currently, the rebound looks okay; as long as it doesn’t break below 637, there’s no need to worry. But if the closing price breaks 637 and the rebound is suppressed by 640/641, then be cautious, as it likely signals the start of a new correction.
The current levels are quite clear: potential support at 638 (63750), resistance at 642-643. Just keep an eye on tonight; as long as it doesn’t continue to decline all night, it shouldn’t be a big problem.
Corrections will also have rebounds; it won’t keep falling without turning around. Otherwise, in June-July 2024, so many people wouldn’t have been trapped. Don’t hold such deep “obsessions,” like only buying in if it drops to xxx, or only shorting if it rises to xxx. If the pattern fits but the price or time doesn’t meet expectations, just reduce your position.
If you hold zero positions, it’s easy to develop a revenge trading mentality after missing out, and once you start losing, you’ll keep opening bigger positions. That’s no different from “giving money” to the market.
Wishing everyone a happy weekend····