It is highly unlikely to have a pullback in depth, and it probably won't be easy to reach 3700.


It should maintain a consolidation around 3650 to 3550, and we will see again on Monday. If the range is large, it might even be around 3680-3530, with a pullback of 150 points up and down. It's normal to consolidate for ten days to half a month. Open positions with proper stop losses, short on highs and long on lows, do not open positions at the mid-level. Set stop losses at 30-50 points when opening positions. The position size should not be too large to prevent stop hunts, aiming for 80-120 points. It's fine to take one to two trades a day regardless of the consolidation.
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