Monday: The daily level is in a choppy tug-of-war, with a break above being inevitable.
When something is out of the ordinary, there must be a reason; no matter when, never let your guard down, because what you receive may be a surprise or a shock. Preparing yourself is the best way to embrace everything.
Last week's market first declined and then rose, followed by a series of choppy narrow fluctuations, closing at a high level. The pace has entered a slow phase, with the bulls showing significant recovery, moving higher through volatility.
From the current technical structure, the narrow fluctuations continue without a breakthrough, the pullback strength is gradually weakening, and the lows are rising without signs of weakness turning into bearishness. The demand for accumulation is further pushing, and the main direction is still revolving around a bullish trend, replacing downward movement with consolidation. All it needs is an opportunity to soar.
Today's strategy focuses on going long at low levels:
In terms of operation, I personally suggest going long in the 96500-96800 range, looking at 97800-98300.