9.9 Afternoon
Suggestion
First Option: 112800-113500 range, Target 111000
Second Option: 4350-4400 range, Target 4285-4220
From the current market situation, the recent market trend in Hangzhou shows a typical pattern of wide fluctuations. In such a market condition, movements are frequent and of considerable amplitude, with both sides of the market engaged in fierce competition.
From a technical analysis perspective, through a comprehensive assessment of the K-line chart and various technical indicators, it is clear that the market is in a cyclical fluctuation rhythm of first suppressing then rising, and again suppressing and rising. The main theme of the recent market situation is the alternating rise and fall, reflecting the uncertainty and differing expectations of market participants regarding future trends.
In terms of operation, based on the judgment of the current wide fluctuation market, it is suggested to primarily engage in long operations. When in a high position range, it is a better timing for operations. For example, when it reached the range of 112850 to the previous high point of 113300 yesterday, there was a significant resistance level within this range, and the selling power in the market at this point was ↑, making it an ideal position for conducting long operations.
