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The market saw short-side pullback from around 63700 in the morning to around 62400, then rebounded to around 63000 and is currently consolidating in a range. With a new round of strikes in the US–Iran situation, and the effect of the revocation of oil exemptions, market fears have intensified. On the daily timeframe, the “higher-level” doji’s volume is shrinking; it is currently forming two consecutive bearish candles. On the four-hour timeframe, the bearish side added volume is gradually building and is taking shape for a downward break. On the hourly timeframe, the bearish side added volume has also formed for a downward break.
Wednesday afternoon:
For the market around 63200-63500, just look toward 62200-61700.
Short around 1765-1785, looking toward 1730-1710.