Thoughts for today, September 7th

Yesterday, the big pie surged to 109100 but faced resistance and retraced to around 108000, fluctuating! Honglin mentioned that the third upward move is very difficult to trade! Still continuing to short at high levels: layout short positions in the range of 109200 to 109660, with a target down to 107400; if broken, continue to look for support at 106800! Stop loss at 110130.