Key Technology Signal
Strong Resistance Level: 2600 (previous high pressure area) + Fibonacci 78.6% (2585.31) Watershed: 2556.22 (Fibonacci 50%) Core Support: 2520 (previous multi-test bottom) + Fibonacci 23.5% (2529.37)
Long and Short Momentum Comparison
Bullish Advantage: The current price (2573.95) remains above MA7 (2556.52) and MA30 (2548.29) with an intraday fluctuation of 0.9%, still closing up 0.35%. The pullback has not broken the watershed.
Bearish Risk: There is historical selling pressure in the 2600-2585 area with MA(5) trading volume (144.8k) not significantly increased; a breakout requires additional volume.
Volume Warning
Current trading volume of 195.5k is below MA(5) average volume line (144.8k). If it cannot break through 2585 with increased volume overnight, the probability of a short-term pullback increases.
Operation Suggestions
Aggressive Strategy: Light short position in the 2580-2585 area, stop loss at 2595.
Target 2555-2530.
Conservative Strategy: As long as the 2556 watershed is held, one can go long at dips, stop loss at 2515, target 2580.
Breakout Response: Increase long position on a volume breakout above 2590, and increase short position on a volume drop below 2556.
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