At any given point, there are always those who are short and those who want to go long. It is precisely this dynamic that makes the market so captivating. Rather than saying we are trading with the market, it is more accurate to say that we are trading with ourselves each time, trading what we believe to be the right market conditions. In the end, the market will tell you the result: if it is strong, it will strengthen itself; if it is weak, it will weaken itself. If you are still losing now, it indicates that there is a problem with your trading. Continuing with an account that has no profitable results will yield the same outcome. Cash is king, following the trend is paramount, points are relative, and stop-loss is sacred.

Yesterday, Jiang Wei chose to go short around 110500, making precise arrangements and capturing over 2500 points, celebrating once again with the students. The price is currently moving in a fluctuating box pattern in the hourly range, with the Bollinger Bands opening in a parallel state. The price is maintaining below the middle band. In the short term, the price still has the momentum to continue retracing. At this position, it is not suitable to chase shorts, as the bottom space is limited. The current support level is at 107200, and we should not go much lower than this. The upper pressure level is at 110800. These two points are currently the key levels to focus on.

Therefore, today, a pullback to the 107500—107200 area can be viewed as a buying opportunity in batches, with the target looking towards around 110000. If there is a rebound near 110600, then a short position can also be taken, looking for a 2000-point space. The points are for reference only.

Follow the public account, for what can relieve worries, only Jiang Wei.

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