12.1
Morning Thoughts
A new month, a new beginning! Good morning!
Relative to the daily trend structure, the overall movement is still in a downward trend. After a slow rise in the short term, there is currently a significant sign of stagflation. On the daily trend, the rebound has been pressured after reaching the middle band of the Bollinger Bands, and multiple attempts to break through have failed, restraining the rebound. Given the overall trend structure is bearish, future operations should be treated with a high short mindset.
Big Pie: Around 91000-91500, looking down to 89000-88000
Second Pie: Around 3010-3050, looking down to 2970-2920
