Sunday Afternoon Jingyi's Analysis on Silk Exposure
The weekend market continues the previous narrow range oscillation pattern, showing overall stability. From a daily perspective, various technical indicators are signaling a pullback, so the intraday trading strategy should focus on looking for pullbacks after rebounds. It is expected that the market will maintain a small range oscillation trend. The trading strategy can keep a high sell low buy rhythm.
On the daily level, key attention should be paid to the short-term resistance levels in the upper range of 119000 and 118500, while the support area looks towards the range of 117000-116000.
