Midday Double Bottom Trading Idea

The recent decline of the double bottom has been relatively strong, and the bearish flag pattern has already been effectively broken down.
Although there was a rebound and correction after the breakdown, attempting to re-enter the flag pattern, the rebound was weak and failed to recover, then it continued to weaken downward.
Simultaneously, it broke below the key support at 2251, hitting a new low of 2218; touching the low point, there was a brief support rebound, but the attempt to regain 2251 again failed.
Currently, 2251 has shifted from support to resistance; as long as the three consecutive hourly candles cannot firmly stay above 2251, the market is likely to retest the 2218 low again.
If 2218 cannot hold, the next target will be around 2180.
For the market to truly stabilize and bottom out, it must strongly break above 2251; otherwise, the weak pattern remains unchanged.

Trading Suggestions:
Double bottom with volume breakout above 2271, go long on the right side with the trend, and just take profit after the breakout and close the position;

If it drops below 2235 with volume, follow up with a short position on the right side, strictly set stop-loss.

A pullback to 2177 confirming support and stabilization can be used to position for long entries.

Successfully staying above 2271 on the hourly chart, the upward target is 2302—2338;

If it reaches the 2338 resistance level, try a small short position, and if it breaks above 2378, immediately stop loss and exit.

On the four-hour chart, the structure broke below 2231, and the subsequent decline targets the 2176—2115 range.

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