Trend direction should be viewed on the weekly chart
Fengline characteristics:
1. The trend defense line is in the weekly adjustment logic, and this rebound has reached the pressure position;
2. The judgment of this pressure position can be observed from the MACD; or from the pressure position of the main chart trend line; in short, whether it is an indicator or trend, it points to the same direction, that is, the trend is under pressure upward;
3. The question here is that there is still room for further extension of the weekly K-line at the red circle position of the main chart;
If we want to further analyze the third question above, we need to observe the daily chart.
1. The 7 K lines in the red circle of the main daily chart correspond to the K lines of the main weekly chart red circle position, that is, the upward space at the weekly level depends on whether the daily trend can continue to extend upward;
2. The MACD of the daily line is also an index pattern of a pressure level. Combined with the weekly MACD index pattern, the weekly and the daily line are the resonance pattern of a pressure level indicator. Generally speaking, the market information conveyed by the resonance is relatively accurate.
If you want to know whether the daily trend can continue to move upward, we have to analyze the small cycle trend. Here we take 5 minutes as an example
The first situation, the blue arrow cannot break the new high of the previous red arrow, and the trend is likely to accelerate the decline. In this situation, we should pay attention to the risk of the index, because individual stocks follow the decline of the index;
The second situation, the trend hits the previous 3391 high, the short-term trend rapidly pulses upward, challenging the upper pressure level. At this time, it is mostly tempting to attract more people, and the focus is on current judgment and operational response;
The third situation, if the trend breaks through the high point of the previous red arrow, but does not break through the 3391 point above, the trend will maintain a short-term narrow range of oscillation. After the end of the oscillation trend (when the oscillation trend ends, it can be judged from the 30-minute or 60-minute cycle), the short-term upward challenge the upper pressure position. This situation gives sufficient judgment and response time for operations.
Classify trends and preset relevant judgment criteria. What we need to do is to see which category the trend finally falls into. What is more important is the current deterministic judgment and response!
Especially when there are favorable benefits at the tariff level, we cannot know the final interpretation of this market with good tariffs, but as an observer, we just need to observe the market's reaction!
In short, participants need to remain vigilant at 120 points, whether in the general direction of the trend or in the specific short-term evolution level!
