Wednesday: Recovering without chasing highs, a pullback has more potential

There are no lives trapped in dilemmas, only mindsets that are. Turning crises into opportunities is the mark of a wise person, while transforming crises into disasters and then becoming listless is the hallmark of a true failure. The key to failure lies in one’s own admission and acceptance of the fact of failure.

Today's market doesn't require much explanation; don't just jump to conclusions every time there's a rise, blindly making claims without considering technical structures. Although the market during the day hasn't dropped to the target, the repeated attempts to lure buyers have failed. The target was to take 1450 points in ten sessions; if you can't do it well, look for the reasons yourself.

From a technical structure perspective, on the four-hour level, the price has recovered upwards, but high levels have not seen a release of volume to break through, leading to a pullback. There is strong selling at high levels, which cannot maintain bullishness; the oscillation is merely to further entice buyers and control the speed of the decline. In the short term, the oscillation is narrowing and trending downwards, in line with the arrangement of bearish volume.

In the evening, we maintain a primary strategy of high short positions:

In terms of operations, I personally suggest shorting in the 98700-99200 range, with a watch on 97800-97300.