Hello friends, long time no see. Recently, the market has been relatively narrow, compared to the previous large single-sided trends. Such movements are more suitable for short-term traders, with smaller fluctuations, so at least you don't have to worry about liquidation. There are opportunities for both long and short positions; as long as you catch each wave, the potential could be unimaginable. This is also why I haven't updated my thoughts with everyone, as I've been busy with live trading. Without further ado, let me briefly explain how today's market will unfold.

On the four-hour level, the Bollinger Bands are narrowing and parallel. Recently, the up and down movements have reduced, roughly oscillating around 109500-107400. Currently, the main trend is bullish, and we can look for buying opportunities on pullbacks. For this trend, we only need to focus on one side; otherwise, it’s easy to get swept back and forth.

Today's reference points are bearish near 109500 above and bullish near 107500 below, with a range of 1600 points up and down.

Follow the public account, "How to Relieve Worries, Only Jiang Wei."

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