Saturday: Repairing the upward trend as expected, working overtime while sipping with tears

When others are resting, it doesn't mean you have to rest too, because when others are busy, you might not see it. Truly ambitious people always know how to overtake on a curve.

Today's market is still the same, with no surprises, as we anticipated a consistent upward repair. The ten trades were long in the 107800 area, reaching 109000, and again nailing down 1200 points.

From a technical perspective, the short cycle has dipped and recovered upwards, but the volume hasn't supported a bullish pattern. The running channel is narrow and adjusting; at this stage, it is still a consolidation after a significant rise and fall, with no signs of a strong upward movement. The moving averages are only cooperating with the recovery, and there are no clear signals of turning points.

In the short term, the price has dipped and risen back up, showing some signs of opening an upward channel, but there is no strong breakout effect. Bullish volume is increasing to maintain price recovery; however, if the volume decreases, it will lead to another round of decline.

In the evening's strategy, we focus on high-level short selling around the consolidation:

In terms of operation, I personally suggest shorting in the 109400-109800 area, looking for 108300-107800.