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Thursday morning market on 1.15:
Last night, the market rose to around 97,700, then retreated to around 96,200 in the early morning, followed by a breakout to around 97,900. Overall, it maintained a high-range oscillation between 96,200 and 97,900. From the daily chart perspective, the bullish momentum increased with a positive close, and the trend is gradually moving upward. On the four-hour chart, the bullish momentum decreased with two consecutive bearish candles, MACD is moving upward, and the KDJ is gradually turning downward with a dead cross. On the hourly chart, the bullish momentum is gradually decreasing and approaching the midline, with support levels at around 96,000 and 94,800. The overall market trend remains bullish.
Thursday morning:
Market around 96,300-95,800, target around 97,300-97,800.
Market around 3,310-3,285, target around 3,360-3,385.