3.14 Thursday morning thoughts

Only on undulating roads can you see more scenery. The price went up again yesterday, with the afternoon high reaching around 73,750. Without a continuation, the price pulled back under pressure, with the low reaching around 71,600. It is currently oscillating near the 73,000 line. The long-short transition is rapid, but the trend Bulls still have the upper hand.

From a technical structure point of view, at the daily level, the upward space of the operating channel has been fully opened, and the price has also risen around the repair, rising step by step. In terms of volume and energy, the bulls have maintained their physical discharge, and the moving averages have been rising. The overall Structural restoration is still ongoing.

At the small cycle level, when the upside space is not open, the price rises and comes under pressure to form a correction and repair. After touching the defensive line, the price gets a certain amount of support, and then recovers and goes up. After a round of correction and repair, the upside space has been completely Open, structurally, although the bulls are constantly competing, the trend is already very obvious, so operationally, we keep the callback long for layout.

Thursday morning operation advice: The 72500-72000 area is long, the target is the 73800-74500 area, and the 75000 mark remains unchanged if the position is broken.

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