Midday Thoughts on 8/18:
After reaching the level of 123300 on the 13th, the price has been continuously retreating, forming a clear downward trend. There is significant selling pressure above, and the lowest price has touched the key level of 115000, which provides some support. The DIF and DEA are continuously diverging downwards, and the green bars are expanding, indicating that bearish forces are dominant. However, the current DIF is close to the zero axis, so we should monitor for any signs of a rebound. In the afternoon, we can continue to try for a rebound as the main focus.
Trading Suggestions:
116000-115500, target 114300-113300, stop loss at 116300
For the second option: 4350-4320, target 4210-4110, stop loss at 4370
(The market is constantly changing, for reference only!)
