1.1 Midday Analysis

For Big Cake, pay attention to the position of 94088 today. Only if it stays above this position for 1-2 hours can a rebound start. The target/resistance levels above to watch are around 95266-96240-96970! If it stays above 95266, the daily level of this pullback will be completed and the market will start to rise. If it cannot stay above 94088 today, it indicates that the rebound lacks strength and will continue to consolidate or decline. The support levels below to watch are around 93360-92366-91510!

For Second Cake, pay attention to the position of 3368 today. Only if it stays above this position for 1-2-4 hours can a rebound start. The target resistance levels above to watch are around 3402-3434-3473. If it stays above 3402, the daily level of this pullback will be completed and the market will start to rise. If it cannot stay above 3368 today, it indicates that the rebound lacks strength and will continue to consolidate or decline. The support levels below to watch are around 3313-3271-3226.