Thursday Market Analysis and Strategy Adjustment

In the afternoon, the market showed a recovery trend, and the downward trend eased somewhat, with the prospect of a recovery action in the future.

Market fluctuations are not difficult to grasp, but investors need to avoid blindly insisting, as following the trend is essential for stable progress. Maintaining stability amidst the market's waves is crucial, and being flexible in response is key.

The midday market maintained a volatile recovery, initially forming a stop-loss situation, showing a certain level of upward continuation.

Currently, the market rhythm clearly shows signs of bottoming out and rebounding, with resistance around the 101600 area, a pullback of about 800 points.

From this week's market sentiment, the intense fluctuations of large rises and falls have basically come to an end, and we will enter an adjustment phase next.

From a technical structure perspective, the four-hour chart shows a wide operating channel, and the downward probe has fully released short-seller pressure.

Currently, the market has rebounded after probing down, entering a moderation phase, and in the short term, it has entered an oversold area. With the advancement of the upward repair and the support of bullish volume, the market shows a volatile upward trend.

Therefore, short-selling strategies are no longer appropriate, and a recovery rise will be accompanied by continuity.

Moving forward, our operational strategy will focus on going long at low positions. It is personally recommended that investors lay out long positions in the 101000-101500 area, targeting the 102500-103500 area.