8.11 Evening Silk Road
Reviewing the midday flight situation, after returning to 112300, the market began to release volume and moved back to around 120800. Currently, it has rebounded to 112100. This evening, the low volatility strategy remains the focus.
From the current market perspective, the short-term trend is flat, oscillating without forming a clear trend. The market dynamics are intense, so caution is advised. Key resistance to watch above is 122200; if it can stabilize above this level, a rebound is expected. Conversely, if it breaks the strong support level of 120000, further declines may occur.
The first futures contract is looking at the range of 120000-120500, targeting around 121800-122500, and if it breaks above, it looks at 123500.
The second futures contract is looking at the range of 4170-4200, targeting around 4280-4390, and if it breaks above, it looks at 4450.
