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1.24 Afternoon Analysis
From the current pattern, after continuous upward probing, market momentum has clearly entered a slowdown phase. The resistance zone above has been repeatedly tested, and the difficulty of short-term breakthroughs is steadily increasing. As the weekend approaches, trading sentiment generally becomes cautious, and both bulls and bears may enter a tug-of-war consolidation. It is recommended to adopt a range-bound approach, focusing on swing trading opportunities within the interval, maintaining patience, and avoiding excessive chasing. Tactically, short positions can still be arranged at resistance levels, with attention to quick entries and exits, and controlling position size and pace.
Trading Suggestions
Short near 90200-90700 on rebound, with targets down to 89200-88500.
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