The evening market dropped to around 86500 after reaching near 87900 and then rebounded to around 88100. Currently, the daily chart shows a bullish candle with reduced volume and a lower wick. The four-hour structure shows reduced volume with a bullish trend, and the upper resistance is around 88500. The hourly chart shows a two consecutive bullish candles, gradually forming an upward trend. Enter long positions in the early morning and just buy at the low.
Wednesday early morning:
The market is hovering around 87500-87000, looking towards 88800-89300.
The market is around 2940-2910, looking towards 2990-3020.
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The evening market dropped to around 86500 after reaching near 87900 and then rebounded to around 88100. Currently, the daily chart shows a bullish candle with reduced volume and a lower wick. The four-hour structure shows reduced volume with a bullish trend, and the upper resistance is around 88500. The hourly chart shows a two consecutive bullish candles, gradually forming an upward trend. Enter long positions in the early morning and just buy at the low.
Wednesday early morning:
The market is hovering around 87500-87000, looking towards 88800-89300.
The market is around 2940-2910, looking towards 2990-3020.