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The midday market generally maintained a range-bound fluctuation, forming a倒V shape, rebounding near 77,400 to rise to around 78,300, then falling back to around 77,400.
The daily chart shows a bearish contraction with a declining volume, the four-hour chart also shows a bearish contraction with decreasing volume, gradually moving downward, and the hourly chart shows increasing downward momentum with a pullback.
Thursday evening:
Market around 77,800-78,300, look towards 76,800-76,000.
Market around 23:25-23:45, look towards 22,70-22,40.
Market volatility is high, pay attention to risk control and defense, within the range, profit-taking is advisable.
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