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17:28
In the afternoon, after breaking through and holding above 62517, the market oscillated upward, reaching the highest resistance level indicated at noon at 63287 (intraday high 63278), then quickly pulled back, entering a downward oscillation. After yesterday's rapid decline to the lowest point at 61514, the market bounced from the low to today's high of 63287, ending this round of rebound.
Subsequently, the key level for market pullback is 62624. If it holds and does not break, the market will continue to oscillate below 63287. Continuing to make new highs is difficult. The C4-1 top of the market has been formed. If it breaks below 62624, it will continue downward towards 61300 to test the last bullish dream support level. If it breaks further, it accelerates towards 60k.
Operation principle: mainly short on rallies.