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8.16 Saturday Morning Thoughts
It's the weekend again, and I wish everyone a happy weekend. The overnight pancake is relatively stable, with not much fluctuation. After yesterday's decline, it continues to oscillate in a narrow range at a low level. From the current trend, the rebound energy is gradually weakening, and the short-term 118000 has become the current resistance level. Given that the weekend market is mainly about adjustments, I don't expect a one-sided trend in operations; instead, you can focus on high selling and low buying around the range key points.
Within the day reference, high short at the 118000-116500 range and low long. If the market breaks through this range, then take immediate action.