For the current trend, the weekly candlestick close this week is a crucial node that signifies a turning point—if this week's weekly candlestick can close positively, the previously moderate indicators will officially signal a reversal to an upward trend. This kind of indicator reversal is not just short-term random fluctuation. Once a sustained upward momentum is formed, the explosive potential of the subsequent market will be unquestionable, far beyond a minor rebound.
More importantly, an upward trend in the indicator is a clear confirmation of trend initiation. When a trend truly takes shape, the inertia behind it will far exceed the impact of short-term corrections—even if sporadic localized adjustments occur, it will be hard to reverse the overall upward trajectory. The "stubbornness" of the trend will be particularly evident at this point.
Therefore, for the current weekly movement, a positive close on the weekly chart is already an important optimistic signal. If it can further develop into a full-bodied large bullish candle, the market direction over the next 2 months can basically be anchored: a high probability of a significant, persistent trending market, rather than a short-term pulse-like rally.
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For the current trend, the weekly candlestick close this week is a crucial node that signifies a turning point—if this week's weekly candlestick can close positively, the previously moderate indicators will officially signal a reversal to an upward trend. This kind of indicator reversal is not just short-term random fluctuation. Once a sustained upward momentum is formed, the explosive potential of the subsequent market will be unquestionable, far beyond a minor rebound.
More importantly, an upward trend in the indicator is a clear confirmation of trend initiation. When a trend truly takes shape, the inertia behind it will far exceed the impact of short-term corrections—even if sporadic localized adjustments occur, it will be hard to reverse the overall upward trajectory. The "stubbornness" of the trend will be particularly evident at this point.
Therefore, for the current weekly movement, a positive close on the weekly chart is already an important optimistic signal. If it can further develop into a full-bodied large bullish candle, the market direction over the next 2 months can basically be anchored: a high probability of a significant, persistent trending market, rather than a short-term pulse-like rally.