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7.20 Sunday
Good afternoon, everyone!
Continue the weekend...
The market is in a sideways consolidation, and the rebound positions have not been reached. The pullback is just around the first target near 1172 for another rebound. Today, I will continue to maintain a bullish view towards around 1185. If it breaks this level, then we can look at the range of 1190-1195. To emphasize again, if the larger timeframe cannot stabilize above the key level of 120,000, then the smaller timeframe will still experience a pullback. In the short term, if the rebound fails to break 1185, we will see a pullback. The lower level to watch is the overnight low around 1172-1168; if it does not break through, we can consider entering for a rebound.
The rebound around 3480 given by the concubine the night before yesterday, and then looking at the pressure at 3600 for a pullback the next day, with support around 3530 for a rebound. As long as anyone who has seriously looked at my document can place high shorts and low longs to have an entry, it just pulled back to around 3700 for adjustment. First, look at the area around 3630-3600; if it doesn't continue downward, the market will rebound again. If it breaks, then wait around 3580-3550 for a rebound, with a defense at around 3530-3500. For low longs on pullbacks, look at these two positions above: 3700-3750. The key is to pay attention to tonight's movements.