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"Market short-term fluctuations and falls, head and shoulders pattern indicates pressure still exists"
Recently, the market trend has drawn attention, showing a clear downward fluctuation. The emergence of the head and shoulders pattern undoubtedly adds more uncertainty to the market, further suggesting that prices may continue to face downward pressure, and it is highly likely to test the key support level of 76560.0.
From the market performance, multiple attempts at rebounds have all ended in failure, consistently unable to break through the resistance level of 83515.0. This situation fully demonstrates that sellers still hold a strong dominant position in the current market, while the buying power is relatively weak, making it difficult to push prices for an effective breakout.
In light of the current overall fall trend, it is essential for investors to maintain a cautious attitude when facing potential rebound opportunities. Unless the market rebound can successfully break through and stabilize above 83500, it is not advisable to be blindly optimistic. At the same time, investors should pay close attention to the performance of the support level at 76560.0. Once the price approaches or falls below this support level, it is likely to trigger further downward market movement.
For short-term traders, in the case of a clear downtrend, it may be considered timely to perform short selling operations to seize short-term market fluctuations. If the market price can steadily recover and successfully break through resistance levels, then investors can actively look for buying opportunities after the breakout to gain potential profits.
In summary, the current market situation is complex and volatile. Investors need to closely monitor market dynamics and make cautious investment decisions to cope with market uncertainties. #市场走势 oscillation fall #头肩顶形态 investment advice