Wednesday: Difficult to Break the Stalemate at High Levels, High Range Fluctuation and Adjustment Continue

There are no lives trapped in dilemmas, only minds trapped in dilemmas. Those who want to succeed never limit themselves but endlessly ponder how to achieve success. Though the road is long, if one takes action, they will eventually arrive.

Yesterday's market surged but still struggled to stabilize at the 86,000 mark, experiencing a short-term pullback. However, the overall pattern remains in a state of fluctuation, with no signs of a one-sided continuation. The trend still belongs to a slow recovery rhythm.

From a technical perspective, the small cycle pattern shows an upward running channel but has failed to stabilize and rise, instead following a rhythm of fluctuating pullbacks. The focus is primarily on adjustments, and there has not yet been a formation of a sustained bullish trend, indicating a certain need for conversion.

In the short term, the wide-range tug-of-war is evident, with surges accompanied by pullbacks; however, the support below remains strong, with no breakdowns occurring. At this stage, there are certain false breakouts, but we are optimistic about recovery after the pullback.

In the afternoon's strategy, we will focus on fluctuations, primarily buying at low levels:

For operation, I personally suggest buying in the 83,300-83,600 range, looking for 84,300-84,800.