The midday price action unfolded exactly as our morning analysis predicted. After bouncing near 71,600, the price encountered resistance and retreated, further validating the effectiveness of the upper pressure zone. Our short positions established near 71,500 have successfully captured approximately 800 points in profits, and the price is currently consolidating around 70,600 with complete control over the downtrend rhythm.
From a technical perspective, the rebound lacks conviction, and the long upper shadow formed at 71,600 is a textbook bullish trap signal, indicating exhausted bullish mome
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