1.9 Afternoon Analysis

The large pancake rebounded to the first resistance level during the night and broke through the first support level before starting to rebound. Today, pay attention to the position of 92910; as long as it stays above this position, a 1-2 hour level rebound will begin. The upper target/resistance levels to pay attention to are around 93760-94510-95260 (if it stabilizes above the first resistance level on the 4-hour level, then a 4-hour level rebound will start). If it breaks below the position of 92910 today, it indicates that the market is still unable to rise, continuing to form sideways or decline. The lower support levels to pay attention to are around 91840-91070-90190.

The second pancake rebounded to the first resistance level during the night and broke through the second support level before starting to rebound. Today, pay attention to the position of 3226; as long as it stays above this position, a 1-2 hour level rebound will begin. The upper target/resistance levels to pay attention to are around 3280-3320-3348 (if it stabilizes above the first resistance level on the 4-hour level, then a 4-hour level rebound will start).

If it breaks below the position of 3226 today, it indicates that the market is still unable to rise, continuing to form sideways or decline. The lower support levels to pay attention to are around 3193-3155-3105.