Intraday Market Analysis

Good afternoon, brothers. This market is not meeting expectations. After looking around, it is still moving sideways within a range. It gives you a few hundred points but doesn't let you get on board. If you can't catch it, just wait. Currently, there isn't much good to operate on, just small-level rebounds. At least a four-hour level closing needs to break the 825 resistance. If it can break this resistance around four o'clock in the afternoon or eight o'clock in the evening, the rebound strength will be greater, and the market will once again push against the 845 resistance. This resistance level is a daily level resistance. As long as the daily line breaks this resistance, the market will rebound at the daily level, and the rebound strength will be even greater, potentially reaching resistance levels like 870 and 910. So, we only need to pay attention to whether the 826 resistance can be broken. Before breaking the 826 resistance, our swing long position strategy remains effective, with support unchanged in the 790-770 range, paying attention to longs and defending at 730. Therefore, the position of the first warehouse cannot be too heavy. If you hold long positions, pay attention to the 815 support. As long as the one-hour closing breaks this position, the long can exit first, indicating the end of this rebound.

The market is still in range oscillation, with the oscillation range between 1960-1830. In this type of sideways market, it is generally not advisable to trade. Either gamble on long positions at the bottom of the sideways range at 1830. This position must be a small attempt. Once it breaks, it will go down to the 1750-1650 range. Wait for longs in this range, or the entity needs to close above 1960. At least at the one-hour level, you can chase one long position, aiming for targets of 2050 and 2140. Only then will the market have direction. Currently, if you hold long positions, as long as the one-hour closing breaks 1870, you can exit first.

The rebound lacks strength. If there is a short position and the one-hour entity closes above the 1960 resistance, the short position should also exit, indicating that the bullish trend has already emerged.