The market gradually rose from around 85,800 to approximately 87,400 during the day, showing an overall upward trend with increasing momentum. Currently, the daily K-line shows positive momentum with increasing volume. Support is still observed around 85,000. The four-hour momentum has reached the middle band with resistance, showing four consecutive bullish candles, gradually forming an upward breakout. The hourly structure shows decreasing momentum, encountering resistance near the upper band. The trend has some bullish signals. For evening trading, consider entering on dips and buying on weakness.
Thursday evening:
The current market price is around 87,000-86,500 with a target of approximately 88,000-88,500.
The market is around 2,835-2,815 with a target of approximately 2,885-2,905.
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The market gradually rose from around 85,800 to approximately 87,400 during the day, showing an overall upward trend with increasing momentum. Currently, the daily K-line shows positive momentum with increasing volume. Support is still observed around 85,000. The four-hour momentum has reached the middle band with resistance, showing four consecutive bullish candles, gradually forming an upward breakout. The hourly structure shows decreasing momentum, encountering resistance near the upper band. The trend has some bullish signals. For evening trading, consider entering on dips and buying on weakness.
Thursday evening:
The current market price is around 87,000-86,500 with a target of approximately 88,000-88,500.
The market is around 2,835-2,815 with a target of approximately 2,885-2,905.
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