6.19 Afternoon Commentary:

The morning market performance was below expectations, and a short-term interest rate cut is unlikely to materialize, which has limited impact on the overall market. The index has attempted to break through the 106,000 level multiple times without success, indicating insufficient upward momentum. Although there was a rebound this morning, the trend has not changed, and the afternoon strategy remains unchanged - recommend shorting at highs. Currently, the major index is at 104,900 and the secondary index is at 2,520. I personally believe:

Major index rebound: around 105,200-105,800

Secondary index: around 104,300-103,500

Secondary index rebound: around 2,540-2,570

Secondary index: around 2,500-2,480

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