The big pie has been very strong these past two days. After yesterday's small non-farm payrolls and the positive news of the US stock market opening lower, it rose from around 105000 to 109700, then pulled back to the current price of 108750.#大而美法案

The MACD on the 4-hour level shows the DIF continuously expanding above the DEA, but there is a top divergence on the 1-hour level. The RSI has retreated from the overbought zone on the 4-hour, and on the 1-hour it is hovering near the middle track. The price is stable above EMA30, and EMA7 is forming dynamic support.

The resistance level above is 109500, and the important support level below is 108000; falling below this may bring it back to 105000.

Operation suggestion: Enter short at 108750-109000, stop loss at 110000, target to be determined.