6.23 Tuesday morning thoughts: the range hasn’t been broken—go long first within the day.

Yesterday, the overall move was mainly a slow grind upward, with the high reaching around 656. In the evening and into the early morning, it began chopping and drifting downward. Currently, it’s stalling around the 637 line and rebounding—on the short term, it’s in a range-bound standoff.

On the 4-hour chart, the Bollinger bands are gradually inching upward. In the short term, the big 🫓 is moving between the middle and upper bands, using the middle band as support. As the pullback momentum weakens, short-term support is gradually being lifted. On smaller timeframes, don’t look for downside continuation for now. For today, first look for a rebound; after it rises and meets resistance, then choose a good moment to do 🈳.

In the morning: reference 640, around 635 哆—look up toward the 653-660 area.