On Thursday, 7/23, within the range pattern: **sell at the high, buy at the low**.



Near-term volatility is limited; stubborn insistence is futile. Yesterday, around 666, the sell order at “xiao cha” ended with 900 points.

As for the outlook, the current rebound strength is gradually weakening; the upward setup is basically judged to be over. In the short term, you can’t just blindly chase longs anymore.

In the short term: pay attention to 650 on the downside—if it breaks, follow through; if it doesn’t, go long. On the upside: watch 670—if it breaks, follow through; if it doesn’t, go short.
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