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After the market pulled back from around 63,500 in the evening to around 62,700, the “duotou” rebound saw an additional upward push, rising to around 63,900. On the daily chart, the duotou increment shifted from bearish to bullish and closed as a doji (cross) star. On the 4-hour timeframe, the duotou box reached the box peak, shrinking in volume on the bullish reversal, forming a bullish candle with a lower shadow. On the 1-hour timeframe, the bullish increment is gradually forming an upside breakout.
Early Wednesday morning:
For the market around 64,300-64,600, watch 63,400-63,000.
For the market around 1,930-1,950, watch 1,900-1,880.