8.16 Morning Silk Road
Midnight technical analysis releases positive signals, MACD indicator forms a golden cross, and the buy signal is strong. The momentum is continuously building, with upward momentum ready to take off.
The support level shows stability, successfully curbing the previous trend around 116800, highlighting the defensive strength of the bulls, laying a solid foundation for subsequent upward movement.
The first contract returns to around 116200-116700, looking towards 118500-119000.
The second contract returns to around 4380-4340, looking towards 4500-4550.
