.1 Midday Forecast
Last night's and midnight's market trends perfectly aligned with our expectations. The large pancake rose to 96200 and fell back to around 93200, which was overall in line with expectations. The auntie rose to 3450 before retreating to around 3328, which was even more precise. I believe those who followed the trend have already benefited; a good start is half the success.
After the rise of the large pancake, it retreated, and the overall market experienced a slight rebound before moving into a downward adjustment. From the 4-hour perspective, the large pancake's volume is gradually decreasing. Watch for resistance around 94100, with secondary resistance around 95600; on the downside, watch for support around 92700, with secondary support around 92000. From the 1-hour perspective, the large pancake's volume is increasing, while the daily chart indicates support around 92700.
For the morning, I personally believe that the large pancake is looking at resistance around 93800-94200, aiming for support around 92800-92400, with secondary support around 92000. Conversely, one can consider positioning around the lower level nearby.
Regarding the auntie, resistance is seen around 3350-3375, aiming for support around 3300-3275, with secondary support around 3220. Conversely, one can also consider positioning.