7.10 Weekly Thursday Morning Market:
Yesterday's daytime market maintained a range oscillation, rising to around 109700 before retracting to around 108500. Then it increased in volume, breaking through to a new high of around 112000, followed by a pullback to around 110500. Currently, it has rebounded to around 111200 and is oscillating.
During the day, the market fluctuated around 2588, continuing to increase in volume to around 2795, and is now pulling back to around 2775.
From the daily K structure, the market's increasing volume reached near the upper limit, while the pressure above on the weekly K is around 118600. On the four-hour level, the market's level increased in volume and then retracted. The hourly market continues to increase in volume.
Morning:
Considering the breakout of the pressure point above, the market data relies on the larger directional trend. Overall, the market trend is increasing, and it is recommended to follow the trend, primarily focusing on pullbacks.
Around 110800-110300, look towards 112300-112800.
Around 2758-2738, look towards 2810-2830.
After the market, it will generally maintain a range oscillation. Pay attention to risk control, and profits can be taken within the range for safety.
