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1.24 Big Cookie
The Bollinger Bands’ upper and middle bands are moving downward in sync, and the bearish trend has already kicked off. After the earlier surge to 66,900 to form a top, it kept falling; the current slight rebound is only a weak correction within the ongoing decline. Overall, bearish momentum still holds the upper hand, and at midnight the rebound’s recovery strength continues to weaken.
In the morning, the plan is to stay on the short side and wait for a rebound opportunity to set up positions.
Short the rebound at 65,500-66,000, with the first target at 64,000, and the next target at 63,000#夏日创作营