Morning of May 18:

Have the courage to face and accept your investment mistakes, and learn from them.

From the current structure, the small cycle and short-term level structure have changed again. The overall structure has begun to be dominated by shorts. After the small cycle was under pressure, the bulls repaired upward, but they still fluctuated downward after the repair. Although the downward space is not large, the structure is slowly changing. The moving average and volume are turning from long to short. The short-term level shorts have begun to increase in volume. The daily upward space has not been fully opened. There is still a certain demand for callbacks overall, so I am optimistic about the callback during the day.

Operation suggestions:

Big cake: 67000-67500 short, target 66000-66500, defense 67700;

Auntie: 3120-3150 short, target 3000-2980, defense 3070.

(Hangqing is changing rapidly, for reference only!)

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