June 20th Intraday Analysis

After significant fluctuations, without support from the US stock market, the large market is oscillating near the box line as I anticipated last night. The market fell to around 104,000 early in the morning and then slowly rose back to around 104,700. I personally believe it will continue to maintain box oscillation, and adjustments will be made if there are new breakthroughs. Please adjust flexibly according to market trends.

From a technical perspective, the overall oscillation shows a balanced state, with MACD below the zero line and the histogram shortening, indicating that bearish momentum is weakening but has not yet turned strong. The RSI is 46.18, in a neutral to weak area, and further oscillation within the box is expected. At this point, the strategy should mainly focus on high selling and low buying. (For ultra-short-term, maintain last night's analysis and ensure proper defense)

Rebound near the range of 105,300 to 104,800 for oscillation

Target looks at the range of 104,000 to 103,500

Rebound near the range of 2,560 to 2,540 for oscillation

Target looks at the range of 2,480 to 2,460