7.2 Day Analysis


Yesterday, there was a callback with a strong upward movement that failed at 10w85. The momentum has shifted from strong to weak, leading to a decline to the 10w51 level. However, overall, the pullback presents an opportunity for upward movement, with a target of 11w. There is a high probability of interest rate cuts in July, and global supply and demand are also on the rise. Personally, I remain optimistic about the upward movement; please adjust flexibly based on market trends.

Analyzing the overall wide oscillation from a technical perspective, MACD: running below the zero line, green bars are shortening but have not yet turned red, the strength of the head is weakening but has not yet turned bullish. RSI is at 38.07, close to the oversold zone, there may be a short-term rebound demand but no bullish trend, this wave of adjustment will continue to rise after. Given this, maintain a focus on low bullish trends in the morning. (Defense is crucial)

Pull back to around 10w51 to 10w56—line to do a double.
The target is around 106,100 to 107,000.
Pull back to the 2380-2410 line to make a move.
The target looks near the range of 2430—2460.
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