7.20 Big Pancake Midday Silk Road
The weekend persimmon market is similar to before, with no significant ups and downs, and overall remains stable. Attempting to stabilize and recover, but the momentum is insufficient. From the daily chart, various technical indicators suggest it may need to be retested, so if trading today, it’s best to wait for a slight pullback in the persimmon market before looking for a retracement. It is estimated that the persimmon market will still fluctuate within a small range, so the strategy should be to buy low and sell high, maintaining this rhythm.
The big pancake pullback is around 118000-118800, looking towards 117600-116800
