7.21 Afternoon Analysis
This morning, around 116900 for the big pancake, there was already a good harvest from the Dou Dan, with the highest spike reaching 118500, almost 1500 points of profit safely in the bag.
From the daily chart, we are currently in a high-level consolidation phase, and the trend signals still need further confirmation. However, short-term cycles are showing support, with the four-hour chart displaying a double bottom formation, and short-term trading can consider going long; the one-hour chart has already crossed the middle track, and there is hope for upward momentum to be released.
Suggestions
Big Pancake: Go long around 117300-117800, targeting 118600-119600;
Second Pancake: Go long around 3720-3750, targeting 3790-3820, and if it breaks, continue to look up.
