This week, the pancake has maintained a narrow range of fluctuations. It has retreated from around the 108800 level to a low of 103200. The upward pressure remains quite strong, and the impact of news has not been able to continue to push it higher.

Recently, the situation between Israel and Iran has been tense. Is the beautiful country really going to attack Iran this week? It's hard to say right now, as there is always a possibility, so we will focus on being cautious in our operations and beware of Black Friday!

From the four-hour technical chart, although the current candlestick has recorded two consecutive bullish candles forming a slight rebound, it has yet to reach the middle band of the Bollinger Bands. The price has not effectively broken through the fluctuation range. Both bullish candles have long upper shadows, indicating weak upward momentum and strong resistance above, with the middle band of the Bollinger Bands continuing to trend downward, clearly indicating that the overall market trend remains dominated by a downward trend.

The MACD is currently hovering around the zero axis, waiting for further directional choice! The RSI has shown signs of turning downward, and the MACD double lines are still operating below the zero axis, with weak red bars, while the green bars begin to expand again, indicating that short-term market bearish forces have regained an advantage, and there is obviously insufficient bullish momentum, providing short-selling opportunities when the price rebounds to resistance levels.

Currently, the market is still fluctuating within the first resistance level of 105300-105800 and the second resistance level of 106800-107300, with support levels at 103500-103000.

For the daytime, I personally suggest trading the pancake at 104800-105300, looking down towards the 103500-103000 area for those with large capital amounts, but the bearish trend in the medium to long term remains unchanged. I am confident it will break one hundred thousand.

This has also been a key point that has been mentioned recently.

#鲍威尔发言 #以色列伊朗冲突 Many times, it's not a lack of methods, but a lack of determination and courage to move forward. Don't hesitate at the beginning of things, and don't look back when things are in progress. Why is this so? Because anything is possible! Only with a big vision can there be a big heart. Always believe that nothing is impossible in this world, and you will definitely succeed!