8.20 Evening Pancake Analysis
The rebound of the pancake presents a shorting opportunity at high levels. On the hourly chart, the K-line stabilizes and closes below, indicating weakened bulls and strong bears. For aggressive traders, short at the current price of 113900.
Recommended short at 113900 - 114500, targeting 112500 - 110000; if it breaks, look at 109000.
