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3.17 Tuesday Morning Latest Strategy: Short First, Then Long Intraday
Recently, the market has gradually warmed up, with bulls showing a steady slow climb, reaching a high near 74,900 so far. Each rally is accompanied by pullbacks, but the strength of these rebounds can be described as tepid. In the absence of one-sided movements, both bulls and bears have room to operate.
Currently, after bears and bulls pulling against each other, in the absence of a complete breakthrough of resistance, prices will trade in a range in the near term, with bulls showing a slight advantage. The intraday focus is on the 75,000 resistance level. If it fails to break through, consider shorting near this area, and if it breaks through, observe and wait for pressure from above before shorting.
In the morning, consider shorting near 75,000, targeting the 73,000-72,000 zone. If price doesn't continue lower, reverse to long.