trading and cryptocurrency

The recent market trends are unpredictable. These two days, during the heavy meeting, the news was surging, and the good news spread frequently, which made me even waver in technical analysis today. After all, in the short term, the technical aspects seemed to be submerged by the wave of news and almost failed.Third, the worry about the correction of CSI 2000 index and micro-cap stock index has always haunted me. This morning, small-cap stocks have begun to show signs of fatigue. Although they were forcibly pulled up by the main force to turn the corner, it is still difficult to hide the fact that their gains are too high. The CSI 2000 index shows a series of signals indicating that the short-term is seriously overbought, such as the daily wedge structure, the top deviation of the index and the breakdown of the upper rail of the Bollinger Band index, which all indicate that the adjustment may be close at hand.

First, consider from the dimension of time period. If a stage high point is formed in the intraday trading tomorrow, then tomorrow will be the 13th trading day from the stage low point to the high point, and 13 is the key change number in Fibonacci series, and this time node is often prone to give birth to the change inflection point. Furthermore, looking back at the last downtrend band, it reached the low point after 14 trading days. According to the symmetry theory, the high probability of this round of uptrend band will also hit the top of the stage in about 13 to 14 trading days.However, as a technical senior investor, he still needs to return to the technical side to find the answer after calming down. Although the news will have an impact, in the annual trading hours, its frequent periods account for a relatively small proportion, and technical analysis is still a key weapon to grasp the market context, and it must not be abandoned because of temporary interference.Second, the constraint of pressure level should not be underestimated. Three pressure lines, red, blue and black, can be clearly seen from the relevant charts, which are almost coincident at the current position and form a rather dense pressure area. This means that tomorrow's index will face great challenges and resistance if it wants to launch an upward impact.

Third, the worry about the correction of CSI 2000 index and micro-cap stock index has always haunted me. This morning, small-cap stocks have begun to show signs of fatigue. Although they were forcibly pulled up by the main force to turn the corner, it is still difficult to hide the fact that their gains are too high. The CSI 2000 index shows a series of signals indicating that the short-term is seriously overbought, such as the daily wedge structure, the top deviation of the index and the breakdown of the upper rail of the Bollinger Band index, which all indicate that the adjustment may be close at hand.Analyze tomorrow's A-share trend with technical depthHowever, as a technical senior investor, he still needs to return to the technical side to find the answer after calming down. Although the news will have an impact, in the annual trading hours, its frequent periods account for a relatively small proportion, and technical analysis is still a key weapon to grasp the market context, and it must not be abandoned because of temporary interference.