The daytime market retreated near 97,300 to around 95,800, then rebounded to approximately 97,200, forming a small V-shaped oscillation. Currently, the daily chart shows a doji with increased volume and a lower shadow, indicating a bearish reversal. The four-hour chart shows decreasing volume with two consecutive bullish candles. The hourly chart shows decreasing volume with a gradually forming bearish trend that is crossing above the middle band, operating near the midline. In the short term, the market is gradually rising in a step-like manner.
Thursday evening:
Market around 96,600-96,100, target near 97,500-98,000,
Market around 33,45-33,20, target near 33,90-34,20.
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Thursday evening market update:
The daytime market retreated near 97,300 to around 95,800, then rebounded to approximately 97,200, forming a small V-shaped oscillation. Currently, the daily chart shows a doji with increased volume and a lower shadow, indicating a bearish reversal. The four-hour chart shows decreasing volume with two consecutive bullish candles. The hourly chart shows decreasing volume with a gradually forming bearish trend that is crossing above the middle band, operating near the midline. In the short term, the market is gradually rising in a step-like manner.
Thursday evening:
Market around 96,600-96,100, target near 97,500-98,000,
Market around 33,45-33,20, target near 33,90-34,20.