Reviewing midnight ICY sugar oranges as we expected, they continue to consolidate sideways. This consolidation behavior using time to build space has lasted a week. Today is Friday, another week ending, the daily chart is firmly standing above the moving average, the overall trend is still upward. Looking at the 4-hour structure, there is very strong support around 69850, it won't fall below. Indicators also show this is a normal adjustment in the uptrend process, the probability of continuing north afterwards is still quite high.

Dip around 70300-69400, watch: 71200-72000 area

Dip around 2060-2030, watch: 2110-2150 area

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