Market Outlook

Support at the key level of 65100, regular rebound over the weekend
Currently, 65100 serves as the final support (0.382 of the entire upward move). After testing downward yesterday, it was not broken, and the daily close is above 65100.
CB premium has shifted from a persistent positive premium on the 1H chart to a slightly negative one.
Based on previous weekend patterns, it seems that a high point appears on Sunday afternoon, followed by a correction on Monday.
Therefore, there is still hope to push higher over the weekend to a high point, possibly around 68, but the likelihood of a new high this weekend (i.e., 70700/71500) is considered low.
Past Mondays have experienced significant pullbacks, so if you have bottom positions, consider reducing holdings during the weekend (for example, Saturday night or Sunday daytime).
This also suggests that the scenario of pushing up to 71500/74700 might occur next week.
On a macro level, there are emerging correlations that suggest potential conflict, such as urging overseas Chinese to return home, which caused a decline on the US market on Friday. The NQ retraced to support around 24800 without breaking it. Currently, the market's uncertainty remains driven by macro factors.
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