7.8 Early Morning Silk Road
Reviewing the nighttime trend, the large pancake fluctuated around the 108900 level before entering a consolidation range of 108700-107800. On the four-hour chart, the energy of the head and shoulders pattern continues to strengthen, forming a downward crossing pattern; the hourly chart also shows an increase in the head and shoulders pattern, while the counter-trend momentum has obviously weakened. From a short-term perspective, the shipping trend is fluctuating downwards, indicating a continuous downtrend. Based on this, the midnight operation suggestion remains slightly unchanged.
The large pancake counter-trend is around 108500-109100, looking towards 107500-106900, if broken, looking towards 106000
