The strong rebound of the US dollar this week has caused the market to weaken locally and led to a short-term structural breakdown. Let's look at the details and adjustments at the operational strategy level:

Due to the firm upward expectations of the US dollar index during the week, this round of [high-range accumulation] was a good hand, but it was played badly. The [upper triangle] pattern that first appeared in the range was bullish, and after three exhaustion, it entered a neutral accumulation. Last night's downward movement, the bottom support of the range was 23,000, causing the entire high-level accumulation structure to break twice.

This will cause the previous breakthrough expectations and conclusions such as the 28097 first-line target to be temporarily shelved.

Due to two structural breakouts in the short term, many students regretted not intervening in the short-term operation. In fact, as can be seen from the above figure, the [overall balance line of the high-level structure] is the best time to intervene.

Combined with the short-term trend, it is expected that:

The short-term trend of two downward breakouts is expected to rebound around 22,880 as early as tonight.

The expected rebound will be in line with the previous bullish opportunity at the low level of 23,300, until the first upward target of 24,190.

Due to structural destruction, the expected rebound is not strong enough. If it goes down again, two bearish opportunities, one large and one small, will be brewing: the first small opportunity is to break through the 23,300 line again; the second large opportunity is to break through the [overall balance line of the high-level structure].

This depends on the actual market conditions, and we will grasp it in our daily strategy.

In summary, the short-term operation corrections are as follows:

Long direction: All low-level long chips in the range of 23300-22880 in the long direction are uniformly controlled to the 22300 line, and the currency is held to wait for the rebound expectation. In the short term, if it rebounds to 23300, move the risk control to the 22880 line.

Bearish direction: No strategy involved. Wait until the expected rebound occurs and then choose the right time to act. Don’t chase the short position now.

Range operation direction: Strategy package [long spot or long low leverage: 22250 to 28000, geometric ratio, quantity 46], has currently achieved a fixed income of more than 16%, but due to local unilateral retracement, the overall return has been reduced to 3.7%.

But it doesn't matter. Compared with futures trading, under the same leverage, there should be a floating loss of -25% at present, and the price needs to return to around 24,000 to recover the investment. The range strategy is different. It can still guarantee positive returns and leave some positions to cover the positions. Once the rebound occurs, huge floating profits can be quickly realized.

Good night.