6.28 Evening Trading Plan Ideas:

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Xiaomei
· 06-29 04:30
The main direction of the 4-hour cycle: It is still within the scope of the third leg of the daily-level decline. Only a breakout above 63200 would indicate the end of the 4-hour decline. Only a breakout above 63200 would mean that the short-term will see a 4-hour rebound to around 66000 or 67000. However, since 58115 cannot be a temporary low, even if there is a 4-hour rebound, it is highly likely to continue falling below 58000 after the rebound.
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Xiaomei
· 06-29 04:27
If a daily big bullish candle doesn't break above 63000 and 64000 in the next two days, it will be difficult for the daily line to turn into a golden cross again.

Once the daily MACD turns into a golden cross again, that's a daily bullish divergence. Generally, in a downtrend, after a death cross below the zero line, it often continues to fall, causing the bullish divergence to disappear. Only when the market bottoms out temporarily or reaches the end of the downtrend will a bullish divergence be given. Of course, this statement is a bit far-fetched; sometimes in historical downtrends, a weak daily MACD bullish divergence does appear, but most of the rebounds from such divergences are bearish continuation patterns.
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