china to release digital currency Top Block

Praise is the greatest support for my pure technical school.From the above picture, you can see three pressure lines: red, blue and black. These three pressure lines basically form a relatively dense resultant pressure zone at the current position. Therefore, it is actually more difficult for the index to attack upwards tomorrow.Back to the topic, why do you judge this? Three specific reasons:

First of all, I have to say that the market has really taught me a lot these two days. News comes one after another, and good news keeps appearing. I once lost confidence in technology today. And as we all know, these two days are the time for heavy meetings, and the frequent news makes the short-term technical analysis almost ineffective.From the above picture, you can see three pressure lines: red, blue and black. These three pressure lines basically form a relatively dense resultant pressure zone at the current position. Therefore, it is actually more difficult for the index to attack upwards tomorrow.

Second, the market will encounter an obvious pressure point tomorrow. Please look at the chart below, the daily chart of the Shanghai Composite Index. In the picture, I use three color lines to mark the short-term pressure lines respectively.But as a veteran of the technical school, I have to go back to the technical side to solve the problem. News will have an impact, but in the trading hours of a year, the time period with frequent news should be considered as a small part of the whole. Therefore, we must not give up eating because of choking, and technology is still the most important means of market analysis.Of course, I have to say that in the last two trading days, my prediction has been severely hit in the face by the market. And the market has been very strong recently. From a technical point of view, when there is a great probability of falling, the market abruptly pulls two positive lines. So my point of view is not necessarily correct. It only represents my personal shallow thinking about the market. Does not represent any investment advice.