From the market point of view, yesterday's high consolidation showed the strength of the bulls. Although the price was under pressure from the high point of 2750 and ran below 2740, it does not mean that the bulls have lost their advantage. As I said in the previous period, 2685 is considered to be a correction if it is not broken. In terms of the daily structure, yesterday's closing was a positive line with an upper shadow, and the price closed below 2740, which slowed down the upward momentum of the bulls in the short term. However, since the price is still stable above the cycle moving average, the decline will not be large. It is just that whether the daily line can rise again will be crucial tonight's final value data of the University of Michigan Consumer Confidence Index in October. Therefore, before that, the daily line needs to be cautiously bullish. In terms of the 4-hour chart, yesterday's high-rise price retreated to near the short-term moving average. The MACD indicator maintained a dead cross downward pattern, but other cycle indicators maintained a long arrangement. Therefore, there may be room for a correction in the 4-hour chart, but it is necessary to prevent the correction from ending and rising.
For intraday operations, we recommend that you focus on high-altitude trading. As for the support below, we still maintain yesterday's view. First, pay attention to the 2715-2718 area, and then focus on the 2710-2707 area.