Analysis within 8.5 Days

The overall situation is improving with a major rebound continuing during the day. We are testing whether it can stabilize around 115,000. Personally, I feel we are beginning to enter a high-level consolidation phase. Moving forward, pay close attention to the resistance around 116,800. If it can stabilize and rise, the trend may return to an upward posture. In the short term, avoid blindly chasing upward movements, and be cautious of potential downward pressure. Please adjust flexibly according to market trends.

From a technical perspective, the overall wide fluctuations are analyzed. The MACD histogram has turned positive, and the fast and slow lines are beginning to converge towards the zero axis, indicating an increase in bullish momentum; however, the daily level is still hovering at a low position and has not fully reversed the bearish pattern. The RSI is at 52.70, close to the neutral zone, showing that the market currently has no obvious overbought or oversold signals. Given this, maintain a focus on high-level consolidation and low-level upward movements during the day. (Defense is crucial)

For rebounds around 116,000 to 115,500, aim for consolidation.

Target around 114,100 to 113,500.

For rebounds around 3,730 to 3,710, aim for consolidation.

Target around 3,670 to 3,640.