Thursday, 3.12 Early Morning Market Analysis:



Market Review: On Wednesday, during the day, the market fluctuated around 70,200 and then retreated to about 69,000 after the CPI data was released. Following the US stock market opening, the upward momentum increased, pushing the price to around 71,000.

During the day, the index maintained a range of 2040-2005 with oscillations, then in the evening, it moved upward toward 2010, reaching around 2080.

Market Analysis: Currently, the daily chart shows increasing momentum, changing from bearish to bullish, forming three consecutive bullish candles. Resistance is near 72,000. The MACD is gradually moving upward, approaching the zero line, and the KDJ is crossing upward in a golden cross. The four-hour chart shows decreasing volume followed by increasing volume, with MACD gradually rising, and KDJ forming a golden cross and moving upward. The hourly chart shows a transition from consolidation to upward momentum, gradually trending higher.

Thursday Early Morning:

Market around 70,300-69,800; watch for 71,800-72,300. Protect around 69,000.

Market around 2045-2025; watch for 2100-2130. Protect around 2000.

Personal trading review, for learning purposes only, not investment advice.
Invest rationally, bear your own risks, and maintain risk control. ​​​
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YoungMasterZhaoHodlvip
· 3h ago
Three条 zhao 8868
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YoungMasterZhaoHodlvip
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Gen + q 704 285 672
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