Yesterday I mentioned in my blog that the daily indicators were oversold, and there will be a rebound of 5000-8000 points coming up.

Since yesterday, it has risen from around 94000 to a high of 99500, which is exactly a rebound of 5500 points.

If we calculate based on an 8000 point range, there is still 2500 points of upward space from 99500, and the short-term rebound high will probably be around 10200!