Verdict- Bearish in Short-run.
DCE May23 contract maintained correction as expected. The stochastic signals lost the sensitivity in a single direction trend after many days. Hourly MACD was closed to neutral area. Hourly stochastic KD was moving along the oversold boundary. The next two support used to be a periodic low previously, which could only provide weak support theoretically.
First support 836.0. First resistance 870.0.
