Today, April 7, I will talk about a little trick of K-line.
At 8 o'clock on April 1 this month, the opening price was 71,200, which directly smashed the market. That is, the monthly line fell from the highest point, resulting in the monthly line being a bald negative line.
The big pancake bull market has basically never had a bald negative line on the monthly line.
71,200, it fell to 64,500 in 4 days, and now it has rebounded to 69,600 in 3 days. If the US stock ETF continues to pull up next week and pulls to 72,000+, the monthly line will have 8 consecutive positive lines and the bald negative line will not be established.
The bald negative line of the monthly line on the 1st is unreasonable. Pull it up and pull out the upper shadow line, then it is reasonable.
1. The big drop at the beginning of the month is over.
2. Then the big rise is in progress.
3. In the middle of the month, if the monthly line has 8 consecutive positive lines and then plummets, there will be a plummeting anniversary.
This is why I said that the contract is very difficult to play this month, and many people will lose everything.
The small-level trend is all ups and downs, and the large-level trend of 8 consecutive positive lines is a pitfall.
