After breaking through 3550 last night, the market has been slowly rising, encountering resistance and pulling back around the 3680 line. After a series of bullish candles on the 4-hour chart, it has now formed a bearish candle for adjustment. If there is a test upward after a short-term adjustment, then pay attention to the resistance at the 3720 line, which serves as a boundary above. Below, the short-term focus should be on the support at the 3530 line, which is also the area of K-line top and bottom conversion. If a break occurs, attention should be extended to the 3420 line, which is near the middle track of the 4H chart and also the 61.8 Fibonacci level of this upward trend.

Today, the US stock market is closed as Americans celebrate a holiday. The market is expected to experience range-bound adjustments, so for now, focus on the aforementioned support and resistance levels for short-term trading, flexibly adapting to your own situation. Note! With the Americans on holiday, there may be suspicions of sell-offs and market shakeouts. In extreme market conditions, try to observe more before taking action and arrange risk management properly.