8.18 Early Morning Silk Road
Review of the evening navigation situation maintained a narrow fluctuation in the 117900-118600 range, with the amplitude of fluctuations continuously narrowing.
From the hourly Bollinger Bands perspective, the opening is gradually expanding, indicating that the short-term market momentum is accumulating. The three lines are all showing an upward inclination, suggesting that the short-term trend still leans towards the dominant movement.
Therefore,
The big cake is expected to bounce back around 117500-117000, looking towards 118500-119700.
The second cake is expected to bounce back around 4500-4450, looking towards 4580-4670.
