The daytime market fluctuated around 87,900, rebounded to around 90,100, then retreated to around 89,000 for consolidation. Currently, the daily chart shows an increasing upper shadow with a bullish candlestick, with support near 87,500 below. The four-hour chart shows decreasing volume with a shrinking upper shadow, MACD opening downward, and KDJ forming a gentle golden cross and moving upward. The hourly chart shows increasing bullish momentum with a bullish touch at the middle band. The overall trend is bearish, and the evening remains suitable for high-probability short entries.
1.21 Wednesday evening:
Market around 89,600-89,900, target around 87,900-87,600.
Market around 2,975-3,005, target around 2,900-2,870.
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The daytime market fluctuated around 87,900, rebounded to around 90,100, then retreated to around 89,000 for consolidation. Currently, the daily chart shows an increasing upper shadow with a bullish candlestick, with support near 87,500 below. The four-hour chart shows decreasing volume with a shrinking upper shadow, MACD opening downward, and KDJ forming a gentle golden cross and moving upward. The hourly chart shows increasing bullish momentum with a bullish touch at the middle band. The overall trend is bearish, and the evening remains suitable for high-probability short entries.
1.21 Wednesday evening:
Market around 89,600-89,900, target around 87,900-87,600.
Market around 2,975-3,005, target around 2,900-2,870.