Night Market Analysis
Today, there was a pullback at the four-hour level, precisely dropping close to daily support around 106300, with the lowest drop at 106500 with an error of two hundred points. Small levels started to rebound, and tonight's rebound pressure should be noted at 108000 and 108500. If it cannot break through these two pressure levels, it will retest the support at 106300. The long position tonight can still wait between 106300-105300 for a rebound. If there is no second drop, it means small levels will continue to rebound. A defensive short position can be taken near the rebound pressure at 108500; wait until the four-hour closing breaks 108500 to switch from short to long position, as only a four-hour closing above 108500 is considered to complete the pullback at the four-hour level, allowing the market a chance to rise again. If the four-hour closing is not above 108500, the short position can be maintained,
Starting to rebound at 2710, with the highest rebound at 2770. Precisely approaching the four-hour pressure, it started to drop again. Tonight, pay attention to this pressure. A cautious long position can wait for the four-hour closing to break the pressure at 2770 before considering, which means the four-hour level has completed the pullback. Before the four-hour closing stabilizes at 2770, a long position is not recommended. Conversely, a defensive short position can be taken around 2770, as the market may still continue to drop, targeting support at 2690 and 2654.
Tonight's rebound pressure is above 160 and 162. If it cannot break through these two pressures, the market will continue to experience a pullback. Daily support below is at 155; if broken, look around 150. A long position can wait between these to try with a small position; the rebound strength must be strong, at least at the one-hour level must stabilize at 160 for the rebound strength to be greater, targeting pressure at 162. A stable four-hour closing at 162 is considered to complete the pullback at the four-hour level.
