This weekend, the market is showing a sustained fluctuation trend, with a relatively limited range of fluctuations. Today's price range is hovering between 102200 and 103900, with overall little movement. From a technical perspective, the Bollinger Bands are showing a contraction pattern, indicating that the market is temporarily in a relatively stable state. However, it is worth noting that the KDJ indicator has begun to turn downward after consolidating at a high level, signaling that the short positions trend remains dominant. Based on the current technical analysis, the evening trading strategy can maintain a high-level shorting approach. The upper resistance level is expected to be in the 104000 to 104500 area, while the lower support levels to follow include key price points of 103200, 102600, and 101800. Market participants should closely monitor these key levels and adjust their trading strategies accordingly.
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This weekend, the market is showing a sustained fluctuation trend, with a relatively limited range of fluctuations. Today's price range is hovering between 102200 and 103900, with overall little movement. From a technical perspective, the Bollinger Bands are showing a contraction pattern, indicating that the market is temporarily in a relatively stable state. However, it is worth noting that the KDJ indicator has begun to turn downward after consolidating at a high level, signaling that the short positions trend remains dominant. Based on the current technical analysis, the evening trading strategy can maintain a high-level shorting approach. The upper resistance level is expected to be in the 104000 to 104500 area, while the lower support levels to follow include key price points of 103200, 102600, and 101800. Market participants should closely monitor these key levels and adjust their trading strategies accordingly.