Analysis for August 19

Yesterday's large movement was as expected, rising from 117,000 to around 186,000 before dropping to around 114,600. Then it rose to around 116,800, showing clear signs of sideways consolidation. After stopping profits at noon yesterday, I gradually entered at 115,000 in batches, with half a position already exited at 116,000. The remaining position is prepared to exit in batches at 117,000 and 120,000. If it continues to drop to 114,600, I will continue to add. Overall, the outlook remains upward. Please adjust flexibly according to market trends.

From a technical perspective, the overall situation is characterized by high-level fluctuations. The MACD continues to diverge downward, with bearish momentum still dominating, but the shortening of green bars indicates signs of weakening. The RSI value is 41.2, in a neutral to weak area, with no obvious oversold signals. Given this, the focus today is mainly on high selling and low buying. (Defense is crucial)

Buy on pullback near 114,600 to 115,000

Target around 117,000 to 117,400

Buy on pullback near 4,260 to 4,280

Target around 4,460 to 4,480