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May 14 Thursday Morning Analysis
Yesterday, after spiking to 2323, it sharply fell back to 2234 in the early morning, currently a weak rebound to 2264, dominated by bears.
The BOLL is between the middle band at 2275 and the lower band at 2227, leaning bearish; the lower band + main force orders around 2220 form a strong support.
The MACD has a death cross below the zero line, but the histogram is turning positive, indicating weakening downward momentum; watch for possible bottom divergence.
In the short term, volatility is biased bearish, with a range of 2290-2270 for light positions, targeting 2230.