April 29 Market Morning Analysis

First Pancake Daily High: 95630 Lowest: 92800

At the daily level, the price has been fluctuating at a high level recently, with significant resistance at 95000. It has not broken through, and short positions can be established.

Short-term Reference:

Light Position Short: Short at 95000-96000, defend at 97000, stop loss: 500, target below 92000

Second Pancake Daily High: 1827, Lowest: 1744

The second pancake shows weakness in upward movement, but strong downward momentum that needs attention. Currently, the candlestick pattern shows a trend of fluctuating downward, with prices retreating from high levels. Yesterday's short positions clearly made a profit.

Waiting to position around 1800.

Short-term Reference:

Light Position Short: Short at 1800, add at 1820, stop 30 points, target 1720

Currently, short-term long positions are not recommended.

The above analysis is based on market data and trend analysis of the order book and does not constitute investment advice.