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January 22 Consort Dowager's Thought Process
- Although prices have rebounded, they are still operating below the middle band of the Bollinger Bands, and the middle band continues to turn downward, clearly indicating a current bearish dominance.
- The upper Bollinger Band is also moving downward, forming a key resistance level above, further compressing the rebound space.
Consort Dowager Trading Suggestion: Rebound around 3060-3120, with a target downward near 2960-2850.