The intraday trend generally maintained a sideways downward movement, with the market oscillating around 91,600 and then pulling back to around 89,600. Currently, the daily chart shows a three consecutive bearish candles with decreasing volume, gradually moving towards the midline. The four-hour chart indicates increasing momentum, reaching near the lower band, with the price gradually reaching a peak within the consolidation box. The hourly chart shows oscillation and downward movement. The intraday setup of a single candle has not shown a significant rebound; focus on support around 89,000. The evening strategy is to first consider a short position, then a long.
Thursday evening:
Market around 90,300-90,800, target around 89,000-88,500,
Market around 3,125-3,150, target around 3,050-3,025.
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Thursday evening market update:
The intraday trend generally maintained a sideways downward movement, with the market oscillating around 91,600 and then pulling back to around 89,600. Currently, the daily chart shows a three consecutive bearish candles with decreasing volume, gradually moving towards the midline. The four-hour chart indicates increasing momentum, reaching near the lower band, with the price gradually reaching a peak within the consolidation box. The hourly chart shows oscillation and downward movement. The intraday setup of a single candle has not shown a significant rebound; focus on support around 89,000. The evening strategy is to first consider a short position, then a long.
Thursday evening:
Market around 90,300-90,800, target around 89,000-88,500,
Market around 3,125-3,150, target around 3,050-3,025.