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Rebound accumulation and continuation of the market trend. Good morning brothers, these days Lao A has been telling everyone that the Silk Road is actually very simple, just trade within the range and don't focus on the breakout. Over the past month, the retail investors have been trained and have developed inertia, knowing that going up won't go too high and going down won't go too low, so they don't chase breakouts. This has also led to a pattern of three steps forward and three steps back.
Tonight's key focus is on the CPI. Currently, on the daily chart, resistance is around 94,500, support is near 90,000, the index is at 3,170, with support around 3,060. This is the key range to watch during the day. Every time there's volatility, the Qingqing map or the chip distribution can be very effectively applied. Brothers should pay close attention to high-density areas, as these are often where traps are set, allowing for liquidity to be captured.
Trade within the day.
Around 91,000, look for dips; around 90,500, add dips; target 93,000 and 94,500, with support below 90,000.
Around 3,090, look for dips; around 3,060, add dips; target 3,150, with strong movement at 3,250; support below 3,055.
Between 93,500-94,000 / around 3,170, can be considered for positions.
Watch below at 90,500 / 3,070.