Good morning, today let's talk about the trend. The price started a daily chart downtrend from 10.7. On 10.10, due to Trump's post about imposing tariffs on China, the market experienced a big dump, followed by a rebound, restoring a rational downtrend. The rebound continued until Monday, and from the 14th, the downtrend resumed. Currently, the downward momentum is gradually weakening, the speed of decline is slowing down, and it has reached the end of the first wave of daily chart downtrend. However, it still has not broken below the 12th point of 109500.

After the short-term decline since yesterday afternoon, pay attention to the strength of the rebound during the day today. If it breaks through 113500, then the wave rebound will begin. Conversely, if it fails to break through until the afternoon, the market will decline again, with a small wave breaking below 109500. If it falls below 109500, the wave rebound will also be under adverse conditions. Of course, it is still quite far from the support below at 106500, so the wave rebound can be arranged in this range.
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