7.21 Early Morning Silk Road
The evening navigation situation first returned to 117700 low level, then randomly fluctuated to 118800, and then pulled down to 117900. Currently, it is slowly rising to 118500. From the hourly Bollinger Bands perspective, the opening of the Bollinger Bands is becoming larger like a trumpet, indicating that the volatility in the market will become more intense. Moreover, it has been pushing upwards and has broken through the upper band, and the upward momentum is constantly being released.
The large pancake returns to around 118000-117200, looking towards 118800-119600, breaking the level looking towards 121000.
The medium pancake returns to around 3700-3740, looking towards 3790-3820, breaking the level looking towards 4000.