The pancake market oscillated and rose to repair the current market's plunge. Yesterday, the intraday drop was close to 5000 points. The evening non-farm payroll data and unemployment rate were released. It was expected that the non-farm payroll data would be negative and the price would continue to decline. However, it was unexpected that the unemployment rate would be positive. Neither the long nor short positions had the advantage, and the market tended to oscillate and recover. During midnight, it rose to around 57000. Today, the market on Saturday returned to a relatively calm oscillation and consolidation after the ups and downs. This week's market is in line with our strategy. Doesn't this reflect our strength?

Currently, looking at the market, the daily chart has a deep impact, with a midnight recovery and a small bearish candle at the close. The market trend on Saturday will slow down. The opening price in the morning is around 56500, with resistance at around 57000. The current price has stabilized above 50000, and it is still difficult to rebound and recover lost ground. The daily chart's candlestick is near the lower boundary of the running range, and the downward channel has opened. The price has not risen much, and there is still room below. Looking at the four-hour chart, it tested the bottom at around 53000, rebounded, and oscillated around 56000. The unidirectional trend of the indicator line is not obvious, mainly due to the expectation of a sideways market on Saturday. As analyzed yesterday, stabilizing around 55000 is still possible. In the short term, the upper resistance is around 56800, and the lower support is around 58200. The weekend market operation suggestion is to continue with the oscillation strategy.

Short at 57000-56700 for the pancake, with a target near 55800. Short at 3320-2990 for the "姨太", with a target near 2900.

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