Last Friday, the market once again reached resistance and showed a pullback. The lowest was 116800, which did not break the strong dividing line emphasized by the hunters. On Saturday, there was small range oscillation. The hunters gave a call around 1192 on Friday, which turned out to be a great success. Follow along and take off.

​At this stage, the market has returned above 118000. During Friday and Saturday, there were significant sell orders that severely pressured the market. However, the strength was still insufficient. There was no effective continuation. At the same time, an hourly chart showed a bottom divergence signal. The MACD is positively moving above the zero line, indicating a short-term need for a rebound due to overselling. Therefore, today’s main focus is on pullback openings.

​117800-117500 for the pullback. Looking up towards 119100 and around 120200. #美联储取消创新活动监管计划 #美国7月PPI年率高于预期