8.22 Boat Overnight Thoughts Analysis
In the early hours of yesterday, the pancake dipped to a low of 111900 after which it stopped and rebounded, and in the morning reached a high of around 112700 but faced resistance!
From a technical perspective, the Bollinger Bands on the 1-hour chart are opening downwards, and the channel is in a downward posture. The key level of 113500 has formed strong resistance, with multiple rebounds failing to break through effectively, indicating that the bearish strength is dominant.
Operational Suggestions
Pancake: Short at 113300-113500,
Target 110500-111500
Auntie: Short at 4300-4350,
Target 4100-4200
