Morning Market Analysis on Monday, August 25:
The market rose to around 114900 after moving up to around 114300 at midnight, then fell back to around 110500, before rebounding to around 113500 in oscillation.
Currently, the daily structure shows that the market has a long lower shadow on the bearish candlestick, with resistance around 116500 and support around 111500. On the four-hour level, the market touched the lower boundary and rebounded, forming a bullish candlestick, with resistance around 114500. On the hourly level, the market is gradually moving up with decreasing volume, with resistance around 114000, and a short-term breakout is forming.
Monday morning trading suggestions:
For a rebound in the market around 114000-114500, aim for 113000-112500.
For a rebound in the market around 4820-4850, aim for 4750-4720.
