7.15 Early Morning Analysis
The market is not a one-sided trend; intraday fluctuations have reached thousands of instances, and pullbacks are a normal phenomenon.
Currently, the market has shown a pullback, with the four-hour chart about to close, presenting a bearish candlestick pattern after a rally. The main asset has been oscillating downwards after reaching a high, with insufficient counter momentum, and further pullback may occur during the early morning hours. Maintain a defensive stance around 500.
Suggestions:
Main Asset: Range around 121400 - 122300, target 119200-118300
Secondary Asset: Range around 3025-3050, target 2990-2960