8.12 Morning Silk Road
Reviewing the flight situation from midnight to around 120800, currently retreating to around 118000, and now returning to around 119000, entering a consolidation phase.
From a one-hour perspective, after touching the lower Bollinger Band, it quickly rebounded, indicating a certain inducement phenomenon in the market, and there is a characteristic of long lower shadows appearing below, with a strong support range below. In the short term, it still shows a dominant trend.
Retreating around 117700-118300, looking towards 119500-120500.
Retreating around 4180-4140, looking towards 4340-4400, with a breakout target of 4500.