3.19

The pancake (饼子) fluctuated downwards throughout the day yesterday, dropping directly to around 81100 after the opening of the U.S. stock market in the evening. Fortunately, it did not continue to break down, with the 81000 level holding. The 82000 level provided yesterday evening has decent room after replenishing positions.

Overall, the pancake market is still quite tense between long and short positions, with daily fluctuations between bullish and bearish. Overall, it is still a wide-range oscillation market. Today continues to be treated as oscillation, primarily leaning towards buying low. Tomorrow, there are non-farm payrolls, the interest rate decision announcement, and speeches from the old Fed chairman. We will see if a trend can emerge.

For today, it is recommended to continue buying on dips around 81800, replenishing at 81000, and setting a stop at 80800.

Looking upwards at 83800-84500.