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7.15 Big pie & small pie evening trading ideas
After a series of consecutive gains, the market is consolidating and resting in a high range. The amount of funds willing to chase at higher prices has dropped significantly, and technical indicators show a clear top divergence. In the evening US session, after the price spikes and meets resistance, there will be a need for a pullback and correction; it’s not suitable to add to positions at high levels to chase upward.
Strategy:
Big pie: If it pulls back to the 63600-64000 range, you can look for dip-buying (bullish) opportunities. Set the risk control level at 63100. First look toward the 64900-65300 range; if the market continues upward, then look at 65800.
Small pie: If it pulls back to the 1835-1855 range, you can look for dip-buying (bullish) opportunities. Set the risk control level at 1800. Target: 1910-1950.
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