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Yu Hao midday analysis
In the short term, it remains volatile and slightly weak, with strong resistance at 80,000–81,200.
The morning session saw a slight rise from 79,900 to 79,962 before falling back, never stabilizing above the 80,000 mark, currently trading around 79,800.
The market is narrow-range sideways, with insufficient buying interest, and the highs are gradually declining. Bulls are losing momentum, and bears are currently in the lead.
Afternoon strategy:
Continued pressure below 80,000, support levels at 78,800, strong support at 77,800;
If a rebound encounters resistance at 81,000–82,500, consider light short positions, targeting 80,000–79,000, and if broken, look toward 78,000.
Risk reminder: This is only personal market analysis. The market is highly volatile and unpredictable. For reference only, no investment advice is provided.
#美国4月PPI同比暴涨6%