7.21 Wang Ye big-biscuit mindset

Entry: Do a short in the 65,700–66,000 zone
Stop loss: Above 66,300
Target: 64,200–63,800
Last night spiked up fast and then fell back quickly; the bulls’ momentum has been fully used up, and the market has shifted into a tight-range consolidation. The bounce lacks sufficient momentum to support it. Overhead moving averages and trapped-position sell pressure form a double resistance, with a strong short-term overbought signal, making it more likely that the bears will counterattack. The 625–655 box has not been broken. The Bollinger Bands are closing and a breakout change is approaching; the 655 line has repeatedly tried to push higher and failed, leaving long upper wicks and confirming sell pressure. No change in plan—sell the bounce