Pal Market Weekly Report - 9.7 Chart 1: Weekly Chart 1) The market is still battling between long and short positions around 83. I think there’s a 90% chance that 58 is the bottom. The current question is whether it will break through 83 first and then pull back, or pull back first and then break through 83. 2) If we compare this market to a historical scenario, it’s similar to March 25, 2023. The bearish OB at 92 on the weekly chart doesn’t align with 48. But the difference is, I don’t think the consolidation here will be as prolonged. The pace here will be much faster. 3) The key focus this week is the PPI on the 10th and the CPI on the 11th, both of which are critical points for the battle around 83. But the main event is the FOMC on the 17th, which will determine the direction moving forward. Chart 2: Daily Chart 1) On the daily chart, the market is currently in a consolidation phase. After Thursday’s spike, Friday’s non-farm payroll data caused a pullback, but the pullback was minimal, bouncing off BK and moving upward. This shows that the bulls are still very strong. However, despite the bulls’ strength, they still haven’t broken through 83, which is a concern. This indicates that there are swing traders taking profits at this level, bears are setting up positions, and retail bulls are increasing. In short, this is still a consolidation phase, waiting for a breakout. 2) From a K-line perspective, 762 is the key level. If it holds, the market will continue to consolidate and rise, targeting 83. If it breaks, be cautious—it could form a triple top. A break and rejection here might lead to further downside testing around EQ 71. Chart 3: Hourly Chart 1) On the hourly chart, first focus on the H1 bullish OB. If it holds, expect a pin-bar consolidation and an upward move. But if it breaks, watch for a test of the 77 level at the H4 OB.