Wednesday: CPI is great, time will ultimately provide the answer

Whenever news arrives, the market is filled with anticipation and panic. Whether it is an opportunity or hardship, what matters is having a solid foundation of strength and then persisting; the results will surely be favorable.

Today’s market waited until the CPI was released to make a move, but it has been proceeding normally around the technical aspects, very much in line with our morning emphasis on the continuation of the adjustment, fully demonstrating the expected rebound of the bulls. Although we only took a small portion in the short term, we are still waiting for the swing trade.

From a technical structure perspective, on the four-hour level, the price has surged, and the moving averages are curving upwards. Bullish volume is expanding and arranging. In terms of market conditions, a reduction in entity volume without space release is the best sign of stabilization. In the short term, it has been in a narrow range consolidation; although bearish volume seems to be arranging, it is actually encountering resistance in release. Currently, the rise has no pullback, so what follows is primarily a consolidation with fluctuations, and there is still room for an upward exploration, so just go long.

For the evening strategy, we will follow the trend: a pullback is a buy:

In terms of operation, I personally suggest going long in the 99,000 area, looking at 100,000-100,500.