7.23 Morning note: second “bing”

After a spike to highs overnight, the market entered a narrow-range consolidation; bulls and bears kept up persistent tug-of-war around key levels.
In the short term, there is a slight pullback and repair, but overall the uptrend structure remains intact, and the bull trend still has the upper hand. At present, this continued consolidation is essentially building up momentum to wash out floating positions and digest profits taken from the high, in preparation for the next round of upside push.
For the time being, there have not been any signs of a top reversal during the prolonged sideways movement, and the key support buy orders are taking in supply relatively stably.
This market is not suitable for chasing at high levels directly. In a range-bound market, the probability of getting swept for losses is high. Wait patiently for the price to pull back to support and stabilize, then take positions in line with the trend—safer overall.
Trading reference: go long at the 1900-1920 range; for upside targets, first look at 1955-1980#夏日创作营