The points I mentioned yesterday, specifically the small range from around 97700 to 96300, can yield a profit of over 1400 points.
Everyone needs to understand that when trading intraday short positions, one must adhere to short-term principles; if there's profit, take action promptly. For medium to long-term trades, as long as you can accept the possibility of profit giving back, you can proceed at your own pace.
Looking at today’s market, the daily chart indicates a significant downward space, with support around 94300, and the 4-hour level support roughly around 94000.
Today's trading strategy is primarily focused on short positions at higher levels, with long positions as a secondary option. The market is near 97200.
That is, when it is above 97000, one can enter a short position, targeting first around 95000, then observe whether 95000 can hold, and pay attention to the 94000 level thereafter.
If the market approaches around 94000, one can consider taking a small long position, managing the profit on their own; if it falls below 94000, then we need to look at 92800, which is around 93000.
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