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Market late tonight to 74,200, the “do” heads continue to add momentum for an upward move; after reaching around 76,000, it pulled back to around 74,500. Currently it has rebounded to around 75,300 and is consolidating. On the daily chart, the “do” heads continue to add volume and close in the green. On the four-hour timeframe, the longs add momentum and close with a bullish candle with an upper shadow. On the hourly timeframe, the “kong” heads are shrinking in volume, touching and receiving support at the middle band. The market is at a high level; pullbacks can be used to enter high “kong” positions.
Early Wednesday:
Market around 75,600-76,100, just look at around 74,500-74,000.
Market around 2,385-2,415, just look at around 2,330-2,300.
Market volatility is relatively large; pay attention to risk control. Profits can be taken within the range—secure gains and be satisfied.
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