6.20 Afternoon Analysis

The pancake has been consolidating in a range for the past two days, with the red three soldiers pattern, the KDJ indicator rebounding from a low position, and a decrease in trading volume indicating signs of a tentative rebound in the short term. However, there is significant resistance above, so key breakthroughs or breakdowns of critical points should be closely monitored.

In the short term, there is a tendency to maintain an upward oscillation trend, but the highs are gradually declining, and there may be certain resistance near 105000 and the short-term high of 105500.

Therefore, until there is an effective breakthrough above 106000, any rebound should rely on the upper pressure for entry. The short-term target is to pay attention to the breakdown situation at 103300, and if it breaks down, monitor the level around 101800.