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Morning Thoughts on 12.1
Suggestion: Dabin Fan Tan continues to consolidate around 88000-89000, with a look down to around 87000-86300.
The second wave of rebuttal is near 2900-2940, looking down to around 2800-2750.
After the evening's oscillation and consolidation, the morning opened with a second downward probe, reaching a low of around 86900, which is consistent with our direction from earlier. As the Dragon Country begins to tighten its measures, market liquidity is not as good as expected. Additionally, this week is a non-farm payroll data week, and market sentiment is low, still following our counter-trend strategy as the main focus.
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