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Thursday evening market update:
The morning market rebounded near 89,300 and rose to around 90,300, then maintained a narrow range between 89,700-90,200 for intra-day consolidation and correction.
Currently, the daily chart shows increasing bullish momentum with a positive structure, MACD diverging downward, and KDJ gradually converging and moving upward. Resistance is expected near 92,500, and support is near 87,500. The four-hour chart shows increasing bullish momentum. MACD has formed a golden cross and is moving upward, KDJ is diverging and trending upward, the hourly Bollinger Bands are gradually moving upward, MACD has crossed above zero and is rising, and KDJ has formed a golden cross and is moving upward.
Thursday evening:
Price range around 89,600-89,100, target near 91,000-91,500, with strong bullish outlook toward 92,000.
Price range around 2,985-2,965, target near 3,055-3,075, with strong bullish outlook toward 3,100-3,120.