6.25 Evening Silk Road
In the afternoon, the large pancake continued to show counter-trend momentum. The large pancake fluctuated upwards from the 105900 line, touching the resistance at 107000, but has not yet achieved an effective breakthrough.
On the hourly level, the BOLL three tracks are presenting a parallel upward movement. Dian Wei continues to operate close to the upper track, showing a narrow range of fluctuations dominated by short-term momentum 🍊. Regarding the MACD indicator, the dual lines are gradually flattening above the zero axis, and the red bars of momentum are continuously shrinking, reflecting a decrease in upward momentum. In the short term, Dian Wei may face pressure and return to lower levels.
The large pancake counter-trend range is around 107400-108100, looking towards 106200-105700.
The second pancake counter-trend range is around 2450-2480, looking towards 2380-2350.
