8.18 Afternoon Big Cake Auntie Market Analysis
The price comparison reached the line of 123300 on the 13th and has been continuously falling, forming a clear downtrend. There is heavy selling pressure above, while the lowest price touched the integer level of 115000, providing some support. The DIF and DEA continue to diverge downwards, with the green bars expanding, indicating that the bearish forces are dominant. However, the current DIF is close to the zero axis, so pay attention to any signs of a rebound. In the afternoon, short-term trades can try to rebound with a focus on shorts!
Big Cake rebound can be in the range of: around 15800-116800, target 114500-113300, if broken, continue to look down
Second Cake rebound can be in the range of: around 4400-4550, target 4260-4150, if broken, continue to look down
