100,000 steady?

From a technical perspective, there is still a level of pullback waiting for you on the four-hour chart. After yesterday's breakout, there hasn't been much continuation, and various indicators have started to adjust over time. Today's layout strategy remains unchanged and still looks downward!

Looking closely

From the perspective of time cycles and pattern cycles, this week has shown a clear regularity in the trends on Monday, Tuesday, and Wednesday. Each trading day in the morning, before around 7 to 8 o'clock, there tends to be a stretching action, followed by a pullback after the midday session, and after the European session stabilizes, the US session will further rise. This trend has already weakened in today's morning session; I believe the shift can happen in an instant, so today I will no longer look upward but rather choose to anticipate a short-term pullback.

The previous cyclical trend reflects the game and transformation of long and short forces in the market at different time periods, providing investors with certain trading references. At the same time, we need to respond based on the actual situation.

In today's morning session, there is certain pressure above 100,000. Considering the previous cyclical pattern, there is a high probability of a slight pullback around 8 o'clock, with the target looking towards the vicinity of 97!