8.16 Saturday Morning Thoughts

Good weekend! The overnight pancake trend is stable with small fluctuations. After yesterday's decline, it has been oscillating in a narrow range at a low level. The current rebound energy is gradually weakening, with 118000 becoming a short-term resistance level. Weekend market tends to adjust more, not looking for a one-sided move, focusing on high selling and low buying around the range.

Intraday reference 118000 - 116500 range for high short and low long, re-evaluate the layout upon breaking the range.