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Although the daily chart has broken the five consecutive bullish days, the final pattern remains a bottoming rebound with a bearish doji star. Some may now see the price below 93,000 as somewhat weak, but don’t forget, this downward move was triggered in the morning. Based on the overall intraday trend, a decline first is not necessarily a bad thing for the bulls. If it continues to rise later, remember that the lowest point of last night’s pullback at 91,200 will be the lowest point of this upward move, and today’s lowest point will become a breakout point for a rally!
Today, pay attention to two supports: one is 92,000, and the other is the 90,500-91,000 area. Resistance remains around 94,500. To break through, watch the 96,000-98,000 zone!