I'm Chen, a certified international financial analyst, and my online business card is Jin Xin Step by Step.

When judging the support level and resistance level, my usual method-I think it is the most accurate method-is to observe the historical price of the K-line chart of trading varieties. What is the highest point? What is the lowest point? What is the closing price? These can often explain the problem. This method of judging the support level and resistance level can be realized on the K-line chart (Balox) at any time: daily chart, weekly chart and monthly chart.

In most cases, the price will be concentrated in a certain area, not a certain point; If so, I will think that the area is a "support zone" or a "resistance zone". It should be pointed out that the range should not be too large, otherwise it will be of no reference significance to investors.

The top or bottom of the futures market often constitutes resistance or support; The unfilled gaps in the technical drawings also form effective support or resistance levels; The EMA also helps investors to judge the support level and resistance level; Observing the trend line can also judge the future support and resistance of the market.

It should be noted that when the main support level is broken down, the support level is transformed into the main resistance level; When the main resistance level is broken, it becomes the main support level.

Another way to find the support level and resistance level is to observe the "retreat" of the price in the process of operation, that is, the price fluctuation opposite to the current trend, which is also called "adjustment" or "correction".

Let's take a round of rise as an example: the market rose from 100 to 200 points, then the price turned to the next retreat to 150 points, and then continued to attack, pushing the price higher. 150 is a 50% retracement of the market from 100 to 200. 150 points prove strong support. In other words, because the price has fallen by 50% and turned around again, the 50% retracement proves that the support is effective. The same is true of the rising "correction" in the falling market.

In fact, the support level and resistance level will change with the market trend, in a simple sentence. Support level is a price that is difficult to break through, and resistance level is a price that is difficult to rise. Orders can be made according to support level and resistance level.

Thank you. I hope it helps.