June 12 Chen Dong Current Price Order:
Current price of the first contract is a direct short, target: around 106400, stop loss: around 109200
Current price of the second contract is a direct short, target: around 2700, stop loss: around 2830
The resistance level above is around 108500, which is both a previous rebound high and resonates with the MA14 moving average to form a suppressive effect. If the price touches this range and shows signs of stagnation, or if it breaks through and fails to hold, consideration can be given to establishing short positions. It is worth noting that the MACD indicator's green bars are continuously expanding, and the dual lines have formed a death cross, indicating that short-term bearish momentum is strengthening. It is recommended to remain cautious in operations, strictly set stop losses, and guard against the risk of price breaking down.
