The big pancake has once again staged a midnight scare. Last night it surged to around 119,000, but started a free fall in the early morning, dropping as low as 114,300, a correction of nearly 4,400 points, quite thrilling.

It has now just arrived at the support area at the lower edge of the 2-hour channel. At this position, bulls and bears are in a standoff, and it's expected that another push could lead to a rebound of 2-3k.

The market changes rapidly, but the rhythm remains clear. Make a good trading plan, don't be greedy or anxious, we fight side by side and won't get lost.