8.23 Afternoon Analysis
Reviewing the morning, the big pancake oscillated back to 117000 and adjusted to around 115400.
From the hourly Bollinger Bands perspective, the current channel is in a flat state, reflecting that the short-term volatility momentum is tending to balance, and it is in a phase of oscillation and consolidation. At the same time, Dian Wei is gradually approaching the middle track during the process of returning, indicating that the profit-taking pressure after the previous surge has been somewhat released.
Therefore
The big pancake can wait for the return, around 115300, 114800 volatility
The target can be seen at the range of 116400-117200
The second pancake can wait for the return, around 4670, 4620 volatility
The target can be seen at the range of 4800-4880
