Regarding the second contract, overnight initially declined then showed a technical rebound. The short position idea given at around 3000 yesterday saw the price dip to a low of 2864 in the early hours, successfully releasing the wave range, and the trend mostly aligned with expectations. Currently, the second contract has rebounded to around 3070 but faced clear resistance and pulled back. Early in the session, it retested near 2970 and rebounded again, but the rebound high points are gradually moving lower, indicating that selling pressure above still exists.
From a structural perspective, the overall rhythm remains weak. Until clear reversal signals are observed, the trading strategy continues to focus on shorting during rebounds.
In terms of operations, pay attention to short opportunities around 3020 and 3050, with the lower target looking towards 2900 to 2850.
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Regarding the second contract, overnight initially declined then showed a technical rebound. The short position idea given at around 3000 yesterday saw the price dip to a low of 2864 in the early hours, successfully releasing the wave range, and the trend mostly aligned with expectations. Currently, the second contract has rebounded to around 3070 but faced clear resistance and pulled back. Early in the session, it retested near 2970 and rebounded again, but the rebound high points are gradually moving lower, indicating that selling pressure above still exists.
From a structural perspective, the overall rhythm remains weak. Until clear reversal signals are observed, the trading strategy continues to focus on shorting during rebounds.
In terms of operations, pay attention to short opportunities around 3020 and 3050, with the lower target looking towards 2900 to 2850.