8.5 Morning Analysis
Reviewing the night, the big pie surged to the 115700 line during the early hours but encountered resistance and pressure, subsequently entering a phase of oscillation and consolidation, with short-term bullish momentum showing signs of convergence.
From the hourly Bollinger Bands perspective, the current three lines display a clear upward diverging pattern, and the slope of all three bands maintains a positive extension, which usually reflects that the structural trend of the short-term upward trend is still continuing, and the overall market sentiment remains bullish without fundamental changes.
After the surge and return, Dian Wei is currently operating within the strong area between the middle band and the upper band, indicating that the bulls still hold a certain level of dominance during the consolidation process, and the middle band position forms a key short-term support.
Therefore,
The big pie can lay out bullish positions near the 114400-113800 range.
The target can be seen around the 115400-116000 range.
The second pie can lay out bullish positions near the 3650-3600 range.
The target can be seen around the 3740-3800 range.
