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Current position 75088
Moving Average Analysis
The short-term moving averages MA7 and MA25 are in a bullish alignment, and the current price (75,088.5) remains above the three moving averages, indicating a clear short-term bullish trend, with moving averages providing strong support for the price.
Volume Analysis
The volume indicator shows that during this round of rally, trading volume significantly increased when the price broke through the 74,000 level, followed by a decrease in volume during the pullback phase. The combination of volume and price movement is healthy, with rising volume during upward moves and decreasing volume during pullbacks, indicating that bullish funds are leading the market with limited selling pressure.
Core Logic for Going Long
Short-term moving averages are in a bullish alignment, and the price remains above all moving averages, clearly trending upward.
Healthy volume and price action, with increasing volume during rallies and decreasing volume during pullbacks, with continuous inflow of bullish funds.
The intraday low of 73,449 was not broken, the upward structure is intact, and there are no reversal signals.
Operational Suggestions
Pull back to 74800-74900, aiming for the first target of 75400.