7.9 Afternoon Silk Road
The morning pancake has continued to decline from 109100 to 108300, then rebounded to the 108900 range, attempting to test the 109000 mark but failed to break through, after which it consolidated and oscillated in the 108500 range. Currently, the momentum in the persimmon market is shrinking, and the momentum in the dough is insufficient. The suggestion for the afternoon remains to focus on the paste strategy.
The pancake resistance is around 109000-109800, looking towards 108000-107200.
The second pancake resistance is around 2630-2660, looking towards 2590-2560.
