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7.18 Afternoon Trading Ideas

The rise may be an illusion; beware of a black swan on Friday!

The 4-hour chart shows a big bullish candle piercing the middle track followed by a small bullish candle, but with many upper shadows. The Bollinger Bands are narrowing, indicating limited short-term upward space. The MACD lines are converging, and the KDJ is diverging downward, showing signs of decline.

Trading Recommendations

Enter short near 120800, target down to 119000, and if it breaks, look for 117000.