The fluctuations over the weekend were really not big, and the rebound also showed stagflation!

From a weekly perspective, such a large negative column V is unrealistic. We should be cautious in going long before the support becomes effective. This is a weekly-level retracement, and there is still room below!

The adjustment at the weekly level depends on the stabilization signal at the daily level, and the callback at the daily level depends on the stabilization signal at the 4-hour level. [You must not go long in 1 or 4 hours for a pullback at the weekly level. This is very dangerous. Dangerous operations, you must see the support level and have a strong reaction before you can operate it]

[For contracts, it is better to be patient and wait for clear signals to appear] [For spot prices, it is also better to wait patiently. Overall, this is still the same view as before]

Take a look at the short term:

Pressure: 28,000～28,500

Support: 27,000-26,600]