6.20 Morning Analysis
From the four-hour perspective, the market has continuously declined and closed in the red, followed by a halt in the drop and a rebound. The middle Bollinger Band is exerting pressure, indicating that the bears are in control and upward movement is blocked, while the support below is effective. The bulls are actively defending, and the market has formed a range of fluctuations between the middle band and the support level. The trading suggestion for the day is primarily to sell high.
The first contract can be traded in the range of 105000-105500, with a target of 103000-102000.
The second contract can be traded in the range of 2550-2570, with a target of 2480-2500.