This slow-boiling frog kind of flavor is indeed hard to endure; a single day of a steady drift downward only leaves about a thousand points of room. At this stage, it’s trading around the 74,300 area. On the hourly level, the Bollinger Band is trying to reach the lower band. Simply put, I still remain bullish on the southern side.

Around 74,500-75,100 🈳, watch: around 73,600-72,800

Around 2,350-2,380 🈳, watch: around 2,300-2,260

And regard the doubtful looks of others as flickering ghost fires—boldly take your own night road. The above are all personal shares and do not constitute any investment advice.