2026-01-07 16:25:10

Market conditions on Thursday early morning, 1.8:

Last night’s market continued the daytime rally to around 92,300, then retreated to around 91,000. The overall trend during the day was downward, reaching near 93,800 before falling back to around 91,000. Currently, the daily chart shows a shrinking volume with a solid bearish candle, while the four-hour level shows continuous increasing volume, with the range gradually reaching its peak. Support is expected around 90,800 below. The hourly level shows increasing volume with a wedge-shaped pullback. There is some rebound in the short term. Early morning, the rebound continues, and it may be possible to attempt a low-position buy-in.

Thursday early morning:

Market range around 91,800-92,300, with a target around 90,800-90,300; otherwise, consider buying.

Market range around 3,185-3,205, with a target around 3,120-3,100.

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