Evening Analysis on 8.22
The main contract can wait to return to the low, fluctuating around 111800, 111200
The target can look at the range of 113000-114200
The secondary contract can wait to return to the low, fluctuating around 4240, 4200
The target can look at the range of 4320-4380
Reviewing the day, in the afternoon, the main contract maintained a narrow consolidation rhythm overall, with a tense situation, the leading trend gradually taking the initiative, continuously declining in the afternoon, and has now returned to around the line of 112100.
From the hourly Bollinger Bands perspective, the current channel shows a clear contraction state, with the channel continuously narrowing and the volatility significantly decreasing. The middle band has broken the support, and it is gradually approaching the lower band, indicating a shift towards a weak short-term trend. However, when approaching the lower band, it will trigger a technical support rebound.
