Evening thoughts on 7.6


Short positions have been signaled consistently in the morning and noon, successfully taking another step. Twice tested 64000 without success, failed to break through, long momentum is weakening!

Second rally lacks strength, volume continues to shrink, signs of bullish trap topping are clear, longs have no follow-through. High-level positions are deeply trapped in the range, smart money distribution is basically complete, double top structure is fully formed.

Suggestion
Big brother retrace at 63800, short under pressure at 64800, target 62000, 61000

Second brother retrace at 1800, short under pressure at 1850, target 1750, 1710
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