Evening Analysis on June 20
The large pie is currently exhibiting a volatile pattern, with the daily level leaving a long lower shadow during the previous downward movement, fully validating the effectiveness of the support below. Observing from the 4-hour cycle, the counter-trend momentum is insufficient, repeatedly being pressed down at the key resistance level of 106500, indicating strong selling pressure in this area.
In terms of technical analysis, the 4-hour MACD has formed a low-position golden cross between DIF and DEA, but the volume bar has not effectively expanded, suggesting that the upward momentum remains weak, and there is a high probability of continuing the horizontal consolidation in the short term.
Suggestions
Large Pie: Consolidate around 105800 - 106300, with a target of around 103800-104500
Second Pie: Consolidate around 2565-2590, targeting around 2520-2480