Big Cake Midday Thought Analysis
The boundary between long and short for Big Cake is 113000. If it breaks below, there is a high probability of triggering a weekly-level pullback. The larger the level, the more significant the amplitude, so position management is essential to cope with sudden actions by the main force.
The current market generally anticipates interest rate cuts. If September does not meet expectations, the 10-995 range may appear. Although it is uncertain whether it can be reached, if touched, heavy positions may be considered.
Today's Big Cake rebound needs to closely monitor the 113000 critical point: only when it stabilizes at this position and maintains for 1-2 hours, will a 1-2 hour level rebound be initiated, with upper pressure targets around 114600, 115650, and 116500.
If the rebound fails to stabilize above 113000, it indicates that the strength of this bottom rebound is insufficient. In the subsequent decline, the lower support levels to watch are around 112000, 110550, and 109000.
