10.10 midday market notes | Current market structure interpretation
The daily trend shows a technical correction, with a clear pressure signal emerging around 4755 recently, forming a candlestick pattern with an upper shadow. The MACD indicator shows a slowdown in momentum, and the market has entered a consolidation phase.
From the 4-hour chart, the current structure shows "high points gradually declining and low points synchronously lowering". The important observation range is currently in the 4400-4440 area (where the previous platform support coincides with the moving average line), and th
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