100,000 stabilized?
From a technical perspective, there is still a level of pullback waiting for you on the four-hour chart.
After breaking the level yesterday, there wasn't much continuation; indicators began to adjust over time, and today's layout strategy remains focused on the downside!
Upon closer examination
From the perspective of time cycles and pattern cycles, this week has shown a clear regularity in its movements on Monday, Tuesday, and Wednesday. Each trading day in the morning session, around seven to eight o'clock, there tends to be a stretching movement, followed by a pullback after the noon session, and after stabilizing in the European session, the US session will further rise. This trend has weakened during today's morning session, and I believe the shift can happen in an instant, so I will not continue to look upward today, but rather choose to anticipate a short-term pullback.
The previous cyclical movements reflect the market's tug-of-war between bullish and bearish forces at different times and provide certain trading references for investors; meanwhile, we must also adapt to the actual situation.
In today's morning session, there is a certain pressure above 100,000, and based on the previous cyclical patterns, there is a high probability of a small pullback occurring around eight o'clock, with a target near 97!
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