Silk Road Evening on June 26

Currently, the large pancake Dian Wei has fallen back to around 107200 after reaching 108200. From the hourly Bollinger Bands perspective, if Dian Wei is operating below the upper Bollinger Band↓ and the upper band is flattening or trending downwards, it indicates increasing pressure from above and a high probability of a pullback. From the chart, Dian Wei has pulled back from a high position, already breaking below the middle Bollinger Band, and the lower band shows a downward extension trend, suggesting short-term strength for the pullback, providing a technical signal for trading.

In the MACD indicator, the two lines are diverging downwards, and the gap is widening, representing an enhanced trend for the pullback.

The large pancake resistance is around 108000-108600, looking towards 106300-105800.

The second pancake resistance is around 2500-2530, looking towards 2400-2430.