From the 4-hour chart, we can see that there are multiple top structures and the 4-hour moving average is still showing signs of turning downward.
Last week, the non-agricultural positives did not break through 57,500. After a false move, the market continued to fall. The possibility of a bullish reversal is relatively small. The high-level S-fall, don't go long easily.
From the hourly chart, the Bollinger Bands are still in a sideways state. Even the recent wave of rises failed to open the Bollinger Bands, leaving only a long upper shadow positive line.
MACD currently still shows a strong bullish energy, and the KDJ three-line gives the answer, starting to shrink downward. It is recommended to operate mainly at high altitude.
55000-55500 short, loss 600 points, the target is below 53500.
