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November 20 Market Review & Trading Ideas | #美股2026展望
Looking back at yesterday’s analysis, sticking to the bearish outlook really paid off. The price dropped to a low of 88,564 in the early hours—perfectly hitting the projected 89,000 level and even extending another 436 points lower. This move can be considered a textbook confirmation of the setup.
The price is now starting to rebound and is approaching the mid-line of the Bollinger Bands, giving bulls a brief moment of strength. However, observing the overall structure of the Bollinger Bands, they are still expanding downward, which suggests that the upside of this rebound is likely limited. If buying momentum does not pick up soon, the bearish trend is expected to remain dominant.
Because of this, the current area is not ideal for aggressive long entries. It’s better to wait until resistance is truly broken before considering any long setups.
Today’s core strategy remains: sell the rallies.
📉 Short entry zone: 92,000–92,500
🎯 Targets: 90,000–89,000
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