Investment Analysis, Market Insights, and Trading Strategies
昨天的行情突破了我们之前提到的下降通道，也突破了可能的扩张三角形。 Yesterday’s move broke above the descending channel we discussed earlier and also exceeded the possible expanding triangle boundary.
下一步要观察的是，行情是否会演变成日线级别的下降宽通道。 The next step is to watch whether the market is forming a daily broad bear channel.
但是这个宽通道可能非常宽，以至于日线 EMA20 都不能作为有效阻力位。
However, this channel may be so broad that the daily EMA20 cannot serve as an effective resistance level.
这是 60 分钟图和日线图对比时需要重点观察的地方。 This is the key point to monitor when comparing the 60-minute chart with the daily chart.
这里还要考虑另一种可能性：日线失败楔形（向下三推但最终失败）。 We also need to consider another possibility: a daily failed wedge (three pushes down that ultimately fail).
这个判断面临的最大问题，仍然是 EMA20 没有发挥明显阻力作用。
The biggest issue with that interpretation is still that the EMA20 has not acted as clear resistance.
从周线角度看，周线目前仍然属于上升趋势，因为周线 EMA20 还没有被有效跌破。
From the weekly perspective, the market is still in an uptrend because the weekly EMA20 has not been decisively broken.
更现实的变化是，周线结构可能先演变成一个宽通道。 A more realistic transition is that the weekly structure may first become a broad channel.
真正更强的向下突破信号，需要周线跌破 20EMA。
A stronger bearish breakout signal would require a weekly break below the 20EMA.