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🥞midday 10.16｜In a state of fluctuation, where are the opportunities?
The market currently has a small upward trend.
The long and short forces have entered a brief period of balance ⚖️
4-hour level view
The K-line maintains a narrow fluctuation at a high level.
Overall, it is consolidating in the range.
Not breaking through the previous high and low
Technical indicators show: MACD 4-hour level
DIF and DEA are still below the zero axis.
But is gradually coming closer.
The green bars continue to shorten.
The bearish momentum has明显减弱.
Moving Average System
The distance between EMA7 and EMA30 is relatively large.
The price is currently operating below the EMA7.
Short-term pressure still exists.
The daily trend has not yet changed.
Consider layout in the area of 112000-112500.
The target looks towards around 110000.
Light gray participation in the area of 4040-4080
around the target 3940