The warmth of the Christmas holiday has not yet dissipated. This weekend, market liquidity is expected to be tighter. If investors plan to operate intraday, please closely follow the trading range strategy provided in the morning to ensure a robust layout.
On the daily chart, the 100,000 mark is like an impregnable fortress, having failed to break through in the last two attempts. This position is not only a psychological barrier but also an important resistance level formed by the MA30 moving average.
Until the market successfully stabilizes above 100,000, it may continue to hover in the range of fluctuations, characterized by upward resistance leading to pullbacks and rebounds upon reaching support.
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