7.16 Afternoon Analysis

The large pancake is still fluctuating, and the earlier favorable news from the CPI did not drive it up much. It is currently oscillating between 118000 and 116000.

This range is a support level after the large pancake's decline; if it breaks down, we need to pay attention to the support around 112000 below. Right now, it is consolidating within this range, giving opportunities to the second pancake and third zone, which have seen a wave of recovery.

Today during the day, the large pancake is first looking to bounce back, with a key focus on whether 116000 will be broken.

Suggestions:

Large Pancake: Consolidate around 118500-117800, target 116800-115500.

Second Pancake: Consolidate around 3140-3170, target 3000-2980. #山寨季何时到来?