On the daily chart, the weak pattern continues, and the downward channel is clearly visible. During the trend consolidation process, recovery encounters obstacles, and wave forms continue to decline. Even if there is a need for correction, without a strong and powerful rebound, the market will still continue to be weak and further test downward.

Looking ahead to next week, the medium to long-term trading strategy should take the rebound high point 🈳 as an opportunity. My personal trading suggestion is to establish short positions in the range of 88500 - 89500, targeting 83800 - 81200; if broken, it could further look down to 78000.

Both bulls and bears have their own strategies.

Still the same saying, you can ☝🚌

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