After the evening CPI data was released, the market panel quickly fell by 200, then quickly filled the gap back in. Overall, the market hasn’t been very volatile. In the short term, the tug-of-war between buyers and sellers is still continuing. Keep an eye on the trend of the US market, and I will also update the position in real time on the board.

Looking at the monthly level, the monthly level has already broken through the previous high. On the technical structure, the February high has turned into support. If the long-term support at 79,000 can hold, then we will look toward the important level at 91,500. If it successfully breaks through, the uptrend may accelerate, with a continued push to challenge the 100,000 level.

If it fails to successfully break through 91,500, then the bull structure may lose effectiveness, possibly turning from bullish to bearish, bringing a wave of decline.
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