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March 30 Da Bing Summary
Today’s overall approach focused on shorting during rebounds, with resistance levels at 67,000–67,500. It also pointed out that the current position is relatively low, and traders should be alert to main forces entering to support the market.
Actual market movements:
First wave: 67,777 faced resistance and pulled back to 67,180, a 597-point range.
Second wave: 67,920 faced resistance and pulled back to 67,333, a 587-point range.
Third wave: 68,148 faced resistance and pulled back to 67,055, a 1,093-point range.
It is important to note that during the session, the highest price exceeded the upper resistance target by 600 points. The market is inherently unpredictable, and the key lies in whether you can adapt flexibly to market changes and always stick to your judgment system.
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