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7.29 XiXi Early Morning News:
Just a few simple remarks. Let’s first review what happened last night: the Panshan Ice Sugar Orange moved south with a dip, and the lowest it touched was around the 62,700 area; then it strongly rebounded. At this stage, the 64,000 level is the key gate. For the “Er Gou Zi,” it’s around the 1,920 area. From a 4-hour structure perspective, the KDJ shows a bullish crossover, and the momentum histogram bars are contracting.
Around 63,700-63,200, watch: around 64,700-65,500
Around 1,900-1,880, watch: around 1,950-1,990
Don’t get greedy—having one more thing means one more worry; don’t lose heart—having one less thing means one more freedom.
The above is all my personal sharing and does not constitute any advice.