8.12 Evening Analysis
Reviewing the afternoon, the big pie gradually returned to the lows after being pressured at the 119100 level, having dropped to around 118100, presenting an overall oscillating downward trend.
From the hourly Bollinger Bands perspective, the middle band and upper band continue to run with a downward slope, indicating that the short-term market's dominant trend is biased towards a downward direction, with significant resistance from the upper side; while the lower band remains horizontally flat, suggesting that there is temporary support around the 118100 level, and the downward rhythm has not further accelerated.
Therefore
The big pie may oscillate around the 118000-117400 range
Target may look towards the 119000-122300 range
The second pie may oscillate around the 4250-4200 range
Target may look towards the 4360-4400 range
