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The current market neither breaks through the key bullish momentum point at 77,800 nor falls below the trigger point for the bears at 77,300, remaining in a dilemma zone between the highs and lows. During the day, the market fluctuated little, waiting for the US stock market to open in the evening.
If this wave of correction does not break below 77,300, the bulls still have a chance to move higher and test the resistance above; if it falls back below 77,300, then it will enter sideways consolidation or test the support at 76,000 below, waiting for a critical break situation.
In terms of trading, mainly buy on dips, quick in and out.
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