The rebound this morning up to now belongs to a rebound after several consecutive declines, indicating a certain level of overselling. However, the height of the rebound is limited. The short-term support level from yesterday can raise the take-profit to 113333, attempting to speculate towards the areas of 114430 and 115690.

Other content will be discussed in the video later.

Summary: The larger scale has entered a structure of intertwined bullish and bearish trends, with relatively clear support and resistance levels on both sides. In terms of operational background, do not chase after the rise, and consider buying on dips; on a smaller scale, following the consecutive declines and overselling, the probability of a local rebound has increased, but the expected limit of the rebound should not exceed the 4HMA30.

Short-term resistance is 114635~115769, and short-term support is 109850~108018 (slow decline, quick entry and exit), with the second support at 105766~103295 (not within the current range, can place orders on a slow decline)

Note: In a slow decline trend, around 112086 there is a potential opportunity to look long while doing short on a 15-minute basis.