Market update: Tonight, the US CPI data will be released. From around 60,700, the longs gradually increased their positions up to around 62,400, and have since maintained a ranging/sideways movement. Currently on the daily chart, the lower wick is shrinking, and the trend has shifted from bearish to bullish, leaving a bullish candlestick with a lower shadow. On the four-hour chart, the wick has turned bullish into a solid bullish candle that has reached near the mid-band. On the hourly chart, the wick is gradually increasing and moving upward.



Early Thursday:

For the market around 61,800-61,300, look toward 62,800-63,200.

For the market around 16,300-16,100, look toward 16,800-17,000.

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