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Morning analysis of the ideas on 12.2



From the current market perspective, after a slight rebound with consecutive positive days, the daily chart has formed a consecutive bearish trend. Today, a long upper shadow was formed, presenting a bearish candlestick, and there is a certain continuation today. The daily chart is operating below the midline, and the overall trend remains bearish. In the short term, on the 4-hour chart, there is frequent alternation between bullish and bearish movements, with rebounds accompanied by pullbacks, and pullbacks also accompanied by rebounds. The competition between bulls and bears is quite fierce in the short term, but the volatility base is relatively small. However, the bearish strength is still stronger than the bullish side, so for the morning operations, we still maintain a bearish stance.

Operation Suggestions

The target for the big pancake is around 85000 near 87500.

The target for the concubine is around 2750-2700 near 2830~2850.
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