Although there was a rebound yesterday, it was weak, reaching only around 1186 at its highest. This led to another decline. Currently, it has already fallen below the important watershed level of 1164 in the morning. This indicates that bearish momentum is gradually strengthening. At the same time, on a four-hour level, the market has completely broken away from the support near the trend line and moving averages, continuing to spread downwards. The MACD volume bars are also gradually increasing, with bears holding the main advantage. So in the morning, we can continue to observe the strength of the pullback, and remember to maintain defense.

Control around 11700-117500. Looking down to 115000-114500#美联储取消创新活动监管计划 #美国7月PPI年率高于预期