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Morning analysis on May 28
The daily chart closed with a doji bearish candle. Recently, the market has been in a range, fluctuating with ups and downs without any breakout. However, each decline has not broken below the previous low around 106500, indicating that the bulls still have the upper hand. Currently, the lows are getting higher. In the morning, we continue to focus on a low-buy strategy, ensuring to set appropriate stop losses and avoid holding onto losing positions.
Morning operation strategy
- Long near 108500-108000, targeting around 110000, if broken, further up to 112000.
- Go long near 2640-2610, targeting around 2720; if broken, look further up to 2900.
Personal suggestions are for reference only.