Following the market's low consolidation for two days. Finally broke through 2550 in the afternoon today, preparing to test around 2580 upwards.
Has the consolidation of two days started to choose a new direction? For the bulls, the breakthrough volume is completely insufficient, which may be an obstacle to the continuation of the bulls in the ongoing upward trend.
The short-term larger level has not completed the reversal structure. Therefore, the day's upward movement is likely just a small rebound. It is necessary to see a pullback without making new lows, with an expected position around 2500. Only if the subsequent rebound structure continues can it possibly lead to a larger level reversal.
Several positions to pay attention to
Support position
First position 2520-2540
Second position 2480-2500
Third position 2450-2430
Resistance position
First position 2568
Second position 2600
Third position 2650
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