6.24 Midday Thought Analysis
From the market perspective, after the big pancake dipped to the 99547 line in the early morning, a technical rebound occurred, and it is currently fluctuating around 105000. In the 4-hour cycle, it indicates that short-term bears are dominating.
From the analysis of the small cycle trend, each rebound has faced resistance at key resistance levels and has fallen back, reflecting insufficient momentum for the bulls' counterattack. Therefore, the operational strategy for the day remains focused on short positions.
Operational Suggestions
Big Pancake: Short near 105300-106000, target around 103000!
Second Pancake: Short near 2420-2440, target around 2350!