Early Morning Insights

Big Cake

The big cake has started a four-hour downtrend after the four-hour closing line broke below 98300 during the day, which means this rebound has ended. This downtrend has not hesitated and has directly fallen to support at 95200, beginning to move sideways. Currently, on a smaller scale, it is still in sideways fluctuations. Pay attention to the pressure at the top of the sideways range at 96200. If this pressure is broken, we will continue to look for a rebound near 97600. At least a four-hour closing line must break 97600 for the market to have a chance of reversal. The lower support at the bottom of the sideways range is 95200. If this position is broken again, it will initiate the second wave of decline, with lower target supports at 93500, 92300, a spike at 90200, and 88000.

Auntie

Auntie is currently in a downward fluctuation trend, with very weak rebound strength. During the night, pay attention to the rebound pressures at 3380, 3410, and 3450. If the rebounds do not break this pressure, continue to look for a downtrend. The lower target supports are at 3220, 3100, and 3030.