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The low-probability event mentioned yesterday still happened.
Let’s see how tonight’s PPI comes out—there’s a chance it could break through 1900.
Resistance above: 1895-1900
Medium-term key pressure: 1920-1930
Trend turning point: 2000
Strong support: 1820-1830
Key defense for bulls and bears: 1790-1800
Medium-term strong support: 1750-1770
When price broke above 1850, trading volume clearly expanded—confirming an effective breakout. But around 1890, volume started to fade; it tried to push higher on shrinking volume. There’s heavier sell pressure overhead, making it hard to sustain a surge all at once.
Most likely, after high-range consolidation, there will be a pullback to build momentum.
Price 1895-1900 faces pressure and falls back, retracing to 1820-1830.
After the consolidation ends, it will again choose to push above 1920.
For short-term trades: short 1890-1898, stop-loss at 1905, take-profit at 1840-1830.
For long positions: after a pullback to 1822-1838 holds steady, enter again; stop-loss below 1790, take-profit at 1890-1920.