Big pie analysis expeditedYesterday, when I analyzed the big pie for my brothers, I emphasized that 48,500~49,000 is the 0.618 Fibonacci pressure level of the large band. The market rebounded from this position twice yesterday!The market has just plunged back to 48,800 and the current pressure level has become effective, and has closed a long needle in the 4-hour cycle. The signs of Macd top divergence are also very obvious! The follow-up market is likely to fall back, and the one-hour cycle half-year line support is around 46650-47,000 points!If the market breaks through 49,500 points in an extreme situation, it will rush to the 51200-51700 range (the high pressure level in December 2021)!
