7.11, Saturday, noon

On the 4-hour chart, this push just happened to hit the Bollinger upper band and got pushed back. Now the price is hovering around the mid band, repeatedly rubbing back and forth—like someone slapping you between the cheeks. In this kind of choppy market, chasing buys/selling signals is basically handing over your head; the error tolerance is unbelievably low.

My personal view is that the selling/hammering-down force is clearly stronger. Every time there’s an attempted rebound, it’s weak and soft—there’s no way to build momentum. The buying support below is also thin; you can’t see any decent backstop. So in my opinion, in the short term there are simply no conditions for a reversal and strength—don’t fantasize about a V-shaped rebound.

Suggestions:
Take action on a bounce to around 64,300; use 65,000 as the add-on position / resupply level.
Defensive level:
Target: 63,000–62,000

If the rebound reaches 1,810, go in / sell; add more at 1,850 to hold it down.
Target: 1,770–1,740. #预测世界杯挪威VS英格兰