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8-5 Yunhao Morning Thoughts and Trading Suggestions
The pancake attempted to break through 115800 in the early morning but failed, retreating to oscillate around 115200. Resistance is at 115800-116000, and support is at 114500; 116000 is the dividing line between bulls and bears.
Operation suggestions
Short at 115800-116000, target 114500-114000
If it breaks through 116000 strongly, exit the short position and go long, targeting 118000.
The auntie broke through 3650 to above 3700 in the early morning, but the hourly chart is overbought and there is a MACD divergence. Resistance is near 3750, and no further upward movement is expected during the day.
Operational Recommendations
Short sell in batches at 3750-3760, target 3650-3500.