Six analysis techniques of spot silver support pressure positions

First: trend analysis.
"Price changes with a certain trend" is one of the three assumptions of technical analysis. It can be seen that trend analysis in technical analysis is very important. The main trends are rising and falling. Trend line is one of the methods for judging a trend. In the rising market, when the price falls to the rising trend line, it will usually turn to the upward rebound, because the essence of the rising trend line is an important support line; in the falling market, when the price increases, the downward trend line is often called back, because the downward trend line is actually a very important pressure line. Therefore, the center of the trend analysis is to determine the support line and pressure line.

Second, the highest lowest point analysis.
In technical analysis, attention to high and low points is also necessary. In financial markets, it is often said that after a new high, it will keep innovating, and when it is low, it will continue to innovate. This is because the high point in the early stage is often an important pressure level, while the low point in the early stage is often an important support level. When the price limit effectively breaks through the pre-high point, it often keeps hitting new highs, while when the price, especially the closing price falls below the pre-low point, it often keeps hitting new lows. Therefore, the essence of the second sword is support and stress analysis.

Third: Morphological analysis.
The price patterns in the market can be divided into reverse and continuous forms. Typical reverse shapes include head and shoulder, double, triple, arc, and V-shaped. However, among these forms, the neck is the most noteworthy. As the most intense battle between the two sides-the neck line can actually be seen as support or pressure during the price change process. The continuity pattern includes triangle, diamond, flag, wedge, and rectangle. These forms are mostly composed of connections between high points and low points in the short term. Therefore, investors need to pay attention to when the price will break through the pressure or fall below the support to continue the original trend.

Fourth: Moving Average line analysis.
The moving average is a tool used to track trends. It is called a "Curved trend line" and therefore plays a certain role in technical analysis. There are many common moving averages and many combinations of long and short averages. By analyzing the combination of multiple moving averages, we can determine whether the market is a multi-headed market or a short market. However, the moving average is actually a natural pressure and support line. Taking the 60-day moving average, which is called the lifeline of the market, as an example, why is the 60-day moving average called the lifeline? The reason is that the 60-day line is an extremely important support and pressure position.

Common parameter arrangement methods are as follows:
1. sort by equi-Span: MA5, ma10, ma20, ma30, and ma50.
2. Sort MA5, ma8, ma13, ma21, ma34, and ma55 according to the feinatch arrangement.

Note:
1. Regards 5 and 10 days as short-term averages, and is a reference indicator for short-term operations. The 30-day and 50-day average are short-term average indicators, it is called the seasonal average indicator;
2. Generally, the 10-day average line is used to analyze the support and resistance provided by the average system (for short-term operations)

Fifth: analysis of technical indicators.
Most investors are familiar with some technical indicators, such as the relative strength indicators RSI (noisy, not recommended) and boll. Take the Bollinger line as an example for analysis. The Bollinger indicator consists of four lines, namely the upper rail line, middle rail line, lower rail line, and price line. When the price line crosses the upper rail line up, pressure is often generated and callback is generated. When the price line crosses the lower rail line down, the lower rail line is often supported and rebounded. This indicates that the Bollinger line can indicate the support and pressure position.

Sixth: theoretical study.
Technical analysis methods include many classic theories, such as Dow theory, Gann theory, golden division theory, and wave theory. Through study, we can find that these technical analysis theories all contain the charm of support and pressure.

Six analysis techniques of spot silver support pressure positions