The market is excessively volatile, continue to trade high and low around the range!

In the past few days, the market has returned to the range of 120,000-117,000 for consolidation, and it is estimated that there will be little movement before the interest rate decision.

From a technical structure perspective, the 4-hour chart shows a slow rise and fall in a cyclical manner. This kind of trend presents the best opportunity for short-term compounding. There is not much analysis needed on the chart; pay attention to 120000 above and 117000 below, and simply trade when approaching these levels!

Specific operational ideas reference:

Long 118000 directly in the afternoon, defend 116800, target around 119500;

After reaching around 119500, you can go short, targeting a pullback to 117300!