12.23 Tuesday's Analysis by Erge
The four-hour level price comparison has consistently operated below the middle track of 2994, with the middle track forming strong pressure. The price is approaching the lower track of 2945. The MACD indicator shows that DIF and DEA are continuously in the negative zone, and DIF has crossed below DEA, indicating that the bearish momentum is still continuing. Although it is at a low level, the strength of the turn is very weak, and no effective rebound signal has been observed.
Erge is around 3000, aiming for 3060 for replenishment, target 2930, 2800
