8.21 Initial Analysis of Morning Thoughts
Looking back at yesterday's early morning, the big pie dipped to a low of 113200 — after which it halted and rebounded, reaching a high near 114569 before facing pressure!
From a technical perspective, the bearish strength continues, and the market shows a weak downward trend. There are active signals on the 1-hour candlestick chart, and the bullish pattern is gradually emerging. It is still recommended to focus on shorting at high levels and buying at low levels.
Trading Suggestions
Big Pie: Short at 114700-115300, target 112000-113000
Auntie: Short at 4360-4450, target 4100-4200