Evening Analysis of Two Futures on July 23
The intraday market peaked at the 3870 line in the morning but retreated after failing to break through. The current price is around 3670, and the pullback has reached the 3610 support. If it does not fall below 3600 afterward, do not enter blindly.
The short-term 4-hour chart shows a pullback rhythm, with the middle track support already broken, and the rebound strength weakened. If it does not break and stabilize above 3700 resistance, there is still a risk of further pullback. Currently, the market is fluctuating within a range with no signs of a breakout, suggesting to operate with high short and low long positions.
It is recommended to go long in the 3600–3630 range, targeting 3800, with a stop loss of 30 points.
For a light short position in the 3740–3770 range, target 3600, with a stop loss of 30 points.