Market action continued into the early morning. After the late-night “gap” pushed upward to around 66,400, the Federal Reserve’s interest rate decision was released, followed by the speech; overall news impact was bearish. The market then rapidly oscillated back and forth between the 66,000–65,000 range, before later falling back from around 66,000 to around 63,800. On the daily chart, the “gap” candle volume decreased, showing two consecutive bearish candles. On the 4-hour chart, the short side’s incremental momentum increased and broke through to touch near the lower band; on the hourly chart, the price shows a wedge-shaped pullback.



Thursday morning:

Market near 64,800–65,300; look toward 63,800–63,300.

Market near 1,760–1,780; look toward 1,725–1,700.

The strategy is real-time and time-sensitive. Volatility is high—be sure to focus on risk control and defense.

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