8.18 Monday Zhiming Afternoon Analysis and Suggestions
Looking back, the morning shipping situation showed a stepwise decline, with the large pancake peaking around 117900 and dropping to around 114900. How many of you captured the area below 3000 iodine? Currently, the price is stabilizing around 115400.
From the hourly Bollinger Bands perspective, the channel is opening like a trumpet, with volatility significantly expanding. This reflects that the short-term volatility in the market is increasing, and the sentiment in the market is heating up. Combining this with the direction of the operation, the upward momentum is dominant. Zhiming suggests focusing on rebounds for trading in the afternoon.
Zhiming's Suggestions
Large pancake around 11600-116600 for trading, looking at 114800-114200
Yitai around 4350-4390 for trading, looking at 4270-4230
