Friday, in the afternoon—briefly, here’s the situation.

A new round of decline once again confirmed the morning’s 638🈳. That thousand-point🈳 range is held firmly—tight as can be. With a guiding light like this, what are you still feeling troubled about?

At the moment, the choppy consolidation sentiment is stable, so Wukong here isn’t watching for any big moves. Although 630 has already been breached, it didn’t continue downward. This round of decline stalled at 628. The pullback strength is clearly not significant. As far as the “dog-whales” are concerned—since they’ve trapped 🈳-Jun— they won’t give too many chances for a clean escape.

Afternoon reference: for below 629 do follow cautiously (“哆”). For steadier traders, look at the 623 area. Watch upward toward the 640 area. If it breaks, continue looking at 650. If it doesn’t, reverse back to 🈳.