Yesterday, the big pie surged and then quickly retraced, the rhythm has paused, and in the short term, it may enter a phase of consolidation. Currently, strong resistance is at the 108000 level, while short-term support is around 105000.
From the current market perspective, the morning bulls face heavy resistance, and there hasn't been a continuation like the previous days. This pullback is inevitable; as mentioned last night, it’s either no pullback or a pullback of several thousand points. Initially, I thought the strong trend wouldn't give us room for retracement, but the violent sell-off was also unpredictable, so taking defensive measures in trading is necessary. We can start with short positions in the morning and then switch to long positions for layout.
Big Pie Strategy: Short near 106500, target 105000.