1.24 Afternoon Analysis


Based on the current pattern, after continuous upward testing, market momentum has clearly entered a slowdown phase. The resistance zone above has been repeatedly tested, and short-term breakthroughs are becoming increasingly difficult. As the weekend approaches, trading sentiment generally turns cautious, and both bulls and bears may enter a tug-of-war consolidation. It is recommended to adopt a range-bound approach, focusing on swing trading opportunities within the interval, remaining patient, and avoiding chasing highs excessively. Tactically, short positions can still be arranged at resistance levels, with attention to quick entries and exits, and controlling position size and pace.
Trading Suggestions
Short near 90000-90500 on rebound, with targets down to 89200-88500.
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