The evening market continued to decline after reaching around 88,200, falling back to around 86,800, then rebounding to around 88,100. Overall, the evening market maintained a range-bound oscillation, showing a small V-shaped trend. Currently, the daily chart structure has shifted from bullish to bearish, forming a bearish candlestick. The four-hour chart shows decreasing volume with a long lower shadow on a doji star, indicating potential support around 86,000. The hourly chart shows a gradual decrease in volume with a partial rebound; resistance is around 88,500, with significant pressure. The trend remains primarily bearish.
The market around 87,800-88,300 is bearish, with a target around 86,500-86,000. Conversely, it can rebound, but watch out for 88,800.
The market around 2,960-2,980 is bearish, with a target around 2,910-2,885. Conversely, it can rebound, but watch out for 3,020.
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Tuesday early morning:
The evening market continued to decline after reaching around 88,200, falling back to around 86,800, then rebounding to around 88,100. Overall, the evening market maintained a range-bound oscillation, showing a small V-shaped trend. Currently, the daily chart structure has shifted from bullish to bearish, forming a bearish candlestick. The four-hour chart shows decreasing volume with a long lower shadow on a doji star, indicating potential support around 86,000. The hourly chart shows a gradual decrease in volume with a partial rebound; resistance is around 88,500, with significant pressure. The trend remains primarily bearish.
The market around 87,800-88,300 is bearish, with a target around 86,500-86,000. Conversely, it can rebound, but watch out for 88,800.
The market around 2,960-2,980 is bearish, with a target around 2,910-2,885. Conversely, it can rebound, but watch out for 3,020.