Derivatives: Supported around the MA50
Despite support around the MA50, the downward trend has been confirmed in the short term. Therefore, traders may consider opening short positions and capitalizing on recovery bounces to maximize profits.
Featured Analysis
Market commentary: Market reversal
Derivatives: Bottom-fishing demand
Market commentary: Late-session demand
Derivatives: Bearish trend
Market commentary: Selling pressure persists
Market traders: The proprietary trading desk reversed to net buying
Derivatives: Sell signal?
