7.7 Morning Silk Road
After a slight pullback in the overnight pancake to the 108200 area, it rebounded again to the 109700 line. Although the short-term trend appears slightly strong, it lacks continuity, so it is not advisable to chase at this time; it is recommended to first observe the pullback situation.
From the current perspective, on the daily level, the MACD death cross continues to decline, but the momentum has weakened, making the probability of a short-term adjustment very high. At the same time, the current strength of the chase is obviously weak, and the technical characteristics of divergence have also emerged. Morning operations still suggest focusing on the pullback.
The pancake rebound is around 109300-109900, looking towards 108100-107300
The second pancake rebound is around 2590-2620, looking towards 2530-2490
