9.26 Afternoon Pancake Train of Thought Still Leaning Towards Long

Half a day has passed and we can see that a new round of upward movement has started at 26,000 in the evening of yesterday. After probing the 26,440 line in the early morning, it began to retest, successfully taking down 300 points. The subsequent market once again entered a stable oscillation, playing with over 100 points in a day.

Looking at the hourly chart, the market has been running in the upper range of the Bollinger Bands all day, still moving upwards in the short term. Currently, it is gradually narrowing, and as the market narrows, volatility is coming. Looking at the 4-hour chart, although the three lines seem to be diverging downwards, the downward momentum is not strong. It's amazing how it continues to move upwards after a slight downward correction.

Pancake continues to waver between 26,200 and 26,100

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