Midday Insights

Big Cake

The current market for Big Cake is in a one-hour level pullback and consolidation, with support at 97200, 96500, and 95650. As long as these levels are not broken, we continue to expect a rebound. The upper resistance is at 99910, which is a daily level resistance. If it can break and hold this level again, the daily level pullback will be completed, and it will continue to rise, with upper resistance at 102800 and 105900. If the four-hour closing breaks below 95650, this wave of rebound will be considered finished.

Auntie

Auntie has attempted to break the upper resistance at 3555 but has not succeeded, and is now starting to pull back and consolidate at a smaller level. The lower support levels are 3430 and 3365. If the four-hour closing breaks below 3430, this wave of four-hour level rebound will be considered finished. If it does not break below, we continue to expect a rebound. Upper resistance: 3580 and 3720. If it breaks and holds above 3580 at the daily level, the daily level pullback will be completed, and there will be a wave of daily level increase.