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Li Yaoyang's Market Outlook for the Afternoon of 5.13
As PPI data approaches in the evening, market sentiment is cautious, with the white session testing lows and then rebounding to push higher but facing resistance, with the rebound gradually weakening, and selling pressure at high levels continuously releasing. This round of rally is only a correction of oversold conditions; the risk of chasing longs at high levels is extremely high!
Regarding operations
Rebound: short positions around 81,650-82,150; first target 80,800; if the downtrend continues, look for a decline to 80,300-79,800; if volume increases and it stabilizes above 82,500, consider short-term long positions.