Last night's market movement was not unexpected. Yesterday, I clearly stated to wait for a pullback to the 106800 level to close out my short position and go long, but it only missed the entry by 0.3 points before it shot up. I also didn't decisively close my position manually, so I guess it's a lesson in stubbornness.
Currently, the market is really hard to trade. I want to short but I don't dare, and the level to go long is too high. There hasn't been an upward continuation or a short-term small range fluctuation, making it difficult to judge. Since I can't make sense of the market right now, I will just sit tight.
I must say, the news about US-China talks is too strong, and the shorts have been squeezed. However, we can pay attention to the potential liquidation area for shorts, which is around 111144. Also, there is tomorrow's CPI data.