Evening Analysis on 5.7

The pancake has oscillated upward during the midday session, reaching around the 970 line, and has continued to fluctuate within this range, remaining in a consolidation state. Recent momentum is leaning towards an upward trend, but various indicators suggest an overbought condition, indicating potential pullback pressure. Please adjust according to market trends flexibly.

From a technical perspective, the overall state is one of consolidation. The appearance of three rising red candles and a doji may indicate a trend reversal, while the upper shadow may increase pullback pressure. The KDJ is in the overbought zone, and there could be a pullback in the short term. The specific trend will depend on the comments made during the early morning to ultimately judge the direction. In this situation, it is crucial to maintain good defense and avoid holding against the trend. Given this point, the evening will mainly focus on high shorts and low longs.

For rebounds around 973-978, aim for shorts.

Target around 958-964.

For rebounds around 1840-1870, aim for shorts.

Target around 1800-1770.