Happy weekend

Yesterday, the market experienced a pullback and rebound. I mentioned that although the current trend leans towards bearish, it doesn't mean that the bulls lack the momentum for a rebound. Yesterday, after dipping near 99300, it rebounded, continuing into the early hours of today, reaching a high near 104200, a rebound of nearly 5000 points, which was somewhat unexpected and surprising.

The price is currently facing resistance at the upper band of the four-hour chart, with the price fluctuating near the middle band. Whether the market will continue to rise or pull back remains to be seen. This weekend, the overall trading volume is expected to be relatively low, with fluctuations likely around a thousand points. A short position can be considered near the upper band of the rebound, while a long position can be considered near the middle band. Watch for the oscillating trend.

For the upper side, it is suggested to short near 103500-104000. The target is set towards the 102500 level, with the points for reference only.

Follow the public account, "How to Relieve Worries, Only Jiang Wei," a treasure analysis blogger with high emotional value, sharing trading education for free. Bringing stability and clear guidance in the restless trading market, with experience through three cycles of bull and bear markets and years of practical trading experience, specializing in naked K, trends, Dow theory, Gann, harmonics, Chan theory, wave theory, and other technical analyses, culminating in unique personal insights.

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