This is an analysis of the market on August 5 for the pancake and operational suggestions
Content is:
Market: Last night attempted to test 1160 upwards but failed, effective pressure entered into a sideways consolidation, bullish structure but upward momentum weakened, pay attention to whether it can hold above 1150. Operation: If it stabilizes above 1145, we can look for long positions, targets are 1160, 1173, and if it breaks through, look for 1185; if it encounters resistance when rising or breaks below 1145, then a short-term adjustment is needed, focusing on support at 1136 and 1128, key attention is on the breakthrough situation at 1160 pressure, day trading high and low.
(The above does not constitute investment advice)
