Yesterday morning, the price of the big cake rose and broke through 58,000 before pulling back, forming a high-level oscillation range, so the market is not new, and the fluctuation is not large, with a few hundred points tossing back and forth. There was a slight change in the early morning of today, and the bottom of the oscillation range was raised, but the high point still failed to break through the new high.

At present, the top of the 4-hour level of the plate surface almost overlaps with the price of the middle track of the daily line. This is also a new resistance level. It is more likely to suddenly pull up and break through. From this point of view, it is reasonable for the market to connect a narrow frequency oscillation + grinding. But the current position is relatively high, and it is definitely unrealistic to chase more. The market will definitely need to step back and then break through the oscillation range to break through. It is not recommended to continue chasing the continuation of the long position during intraday operations. You can first look at a pullback and then do a pullback to a low level.

Focus on the CPI meeting tonight and be careful of upsets.

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