8.23 Midnight Pancake:

From the 4-hour level, the overall market is strongly bullish. However, after reaching the previous resistance level, there was a significant outflow with strong shadows. After the high, there will be a slight pullback in the short term.

At the 1-hour level, it is evident that bullish sentiment has somewhat slowed down. There is a demand for a pullback in the short cycle. As we approach the weekend, the market is relatively unlikely to experience large fluctuations. Therefore, on Friday midnight, we will participate around high shorts.

Short near 117200~117650, with a target focus on 115200

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