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Silk Road on the morning of July 27
Yesterday's航情回顾 rose to 118200, currently oscillating in the 118000 range. The daily level still requires consolidation, with a death cross forming. Pay attention to volume changes. The weekly trend has somewhat recovered, so focus more on fundamental information, especially the Federal Reserve's interest rate cut process. The expectation for the day is to maintain consolidation. In terms of the larger cycle, a new rising cycle on the weekly chart has started. The day before saw a continuous drop, while yesterday experienced a continuous rise, which is truly hard to withstand.
The large pancake returned to around 117800-117300, looking towards around 118200-118800, with a medium to long term view at 120000.
The two contracts returned to around 3700-3680, looking towards 3750-3780, and for the medium to long term, looking at 3850.
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