Intraday Analysis on 8.21

The big 🫓 intraday market ↑ is as expected, the low point touched 112300, followed by an upward movement to break through the 114000 line, with a slight rebound running around the 114500 line, entering a consolidation and repair phase. If the market breaks out upwards later, there will be further ↑. However, the market has not stabilized at the 115000 line and still faces downside ↓ risks; if it breaks, one can consider chasing the rise. Please adjust flexibly according to market trends.

From a technical perspective, the overall situation belongs to high-level fluctuations,

MACD convergence, green bars shortening, bearish momentum weakening, with a golden cross indication. RSI value at 42.55, in the neutral zone, has not entered overbought or oversold territory, reflecting market sentiment leaning towards fluctuations. In light of this, maintain a high-low strategy today. (Defense is crucial)

Pull back near the 113200—113700 line to go long.

Target around 114600—115500 line.

Pull back near the 4260—4290 line to go long.

Target around 4350—4380 line.