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Market action overnight continues into the vicinity of 73,000, then an incremental pullback extends back toward around 71,200. On the daily chart, the “kōngtóu increment” forms a solid bearish candle. On the four-hour chart, the “kōngtóu increment” still has room to continue; on the hourly chart, the short “bear increment” is gradually reaching its peak.
Early Tuesday morning:
For the market around 70,800–70,300, look toward 71,800–72,300. Otherwise, do not act on the opposite.
For the market around 1,955–1,935, look toward 1,990–2,010. Otherwise, do not act on the opposite.