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Auntie Early Session Level Analysis
Key Resistance Levels: Around 2125-2140
Key Support Levels: Around 2070-2080
Intraday Strategy:
First Strategy: 2120-2135
( Set up short positions only once, stop loss around 15 points)
Take Profit: 2080-2060
Second Strategy: 2080-2070
( Set up long positions only once, stop loss around 15 points)
Take Profit: First targeting around 2125
If the market rallies and breaks and holds above 2130, a sharp rally may occur:
First Resistance Level: 2190-2220
Second Resistance Level: 2285-2305
Third Resistance Level: 2370-2380
Fourth Resistance Level: 2460-2470
Fifth Resistance Level: 2530-2540 and 2630-2640
( Set up short positions at the above resistance levels respectively, stop loss around 15 points)
Conversely, if the market declines and breaks 2060-2050, a sharp decline may occur:
First Support Level: 2000-2025
Second Support Level: 1960-1970
Third Support Level: 1930-1940 and 1890-1905
( Set up long positions at the above support levels, stop loss around 15 points)
Disclaimer: The above levels are for reference only and should not be used as investment basis.