5.6 Midday Analysis

The morning session fell and then rose as expected, remaining in a sideways consolidation phase with little volatility. In the morning, it declined from the 951 level to the 941 level. The orange short position has already been established, and there is significant resistance above, leading to insufficient upward momentum. It is still safer to maintain a high position. The belief that it will inevitably fall after a long period should be adhered to; please adjust flexibly based on market trends.

From a technical perspective, the overall situation is still one of fluctuation. Although the Bollinger Bands have a slight upward tilt, the overall momentum is weak. The MACD and KDJ indicators have not yet shown a clear direction, and I personally feel that there is downward risk for various indicators in the short term. Given this, the recent focus has been on maintaining a high position. In this situation, it is essential to have good defense and not to resist positions. Keep the morning analysis in mind.

For a rebound near 955-950, take a position.

The target is around the 940-935 level.

For a rebound near 1875-1845, take a position.

The target is around the 1790-1760 level.