7.14 Cookie midday thought analysis:


The market has maintained sideways consolidation within a box range for ten consecutive trading days, and the range-trading rhythm shows strong regularity. The current price is running into the upper-band resistance zone of the box. On the daily timeframe, it has repeatedly probed above and then pulled back under pressure. During the rebound phase, price-and-volume divergence continues to appear: there is weak sentiment for incremental long capital to enter, and the main forces lack the momentum to push higher.
On the 4-hour cycle, there have been repeated attempts to rally high and then close with long upper-wick candles. The bullish counterattack energy is gradually exhausting. This pattern is a standard structure in which the main players use a push higher to lure longs and then reduce holdings in batches. Before there is an effective breakout with increased volume within the box range, whenever the price touches the upper-band pressure zone, it is a high-quality window to set up short positions.
Trading suggestion: short in the 62,900-63,600 range, with targets looking toward 60,600.
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