Midday Analysis
The big pie can revolve around 112100, 112000.
The target can be seen around 111000-111400.
The second pie can revolve around 4650, 4600.
The target can be seen around 4500-4550.
Reviewing the morning, the big pie oscillated in the range of 112100-113700, with both sides in a game of equilibrium within this range.
From the hourly Bollinger Bands perspective, the current channel is in an "expansion state," with the spacing continuously widening, indicating that the short-term market volatility has significantly increased, and the divergence is gradually intensifying.
All three tracks maintain a synchronized downward slope, and the middle track has a clear downward pressure. In the morning, there were multiple attempts to test the upward pressure of the middle track, but all were hindered by insufficient volume support from the bulls.