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Good evening, currently around 2310. Although there has been a slight rebound, the resistance from the moving averages above is quite strong. The recent declines have been accompanied by volume. From a technical indicator perspective, the bearish momentum has weakened somewhat, but overall it remains below the zero line. The J value of the KDJ is also relatively high, and the rebound could end at any time.
Ice sugar orange faces resistance around 75,800-76,600, and may test the 74,300-73,000 range later;
Concubine in the 2,325-2,350 range faces resistance, and may test the 2,280-2,245 zone later.
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