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Market Update: Bulls Still Strong, Choose Opportunities at Range Highs and Lows
Author: Juejin Old Cat
Last night’s bullish target was successfully achieved, and today’s market continues its strong oscillation pattern. Bullish sentiment remains intense, and overall movement aligns with the expected rhythm.
Positive news sentiment persists, with sufficient support for the bulls. Capital inflow is active, and there are no obvious bearish disturbances. In the short term, the market is likely to maintain a relatively strong trend.
From a technical perspective, the bulls show strong resilience. Support levels below are stable with clear pullback support, while resistance above faces pressure but has not formed an effective barrier. Overall, the market leans towards bullishness, and in the short term, focus can be on range high and low point battles.
In terms of trading strategy, patiently wait for a light short position above 4595 with a stop loss at 4605; if the price pulls back to 4580, consider reversing to a long position targeting 4600. Position control is necessary, follow the rhythm, and avoid blindly chasing.
Disclaimer: This article is for market analysis and trading ideas only and does not constitute investment advice. The market carries risks; trading should be cautious. Investors should make independent decisions and bear the corresponding risks.