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1.14 Wednesday Early Morning Market:
Last night, following the release of US CPI data, which came in below expectations, the rate cut expectations intensified, liquidity easing expectations increased, and the market was positively affected. The price continued from daytime around 91,700 up to about 93,700 and stabilized above 93,000. This is also one of the more significant fluctuations recently. Currently, the daily chart shows three consecutive bullish candles with increasing momentum, MACD crossing above zero and gradually moving upward, and KDJ forming a golden cross and trending upward. The four-hour chart shows bearish momentum with increasing candles above the upper band, indicating an upward trend. The hourly chart shows the bullish momentum gradually easing, with two consecutive bullish candles and a doji with a small downward shadow, indicating short-term volume contraction and divergence with a small bullish candle. Overall, the market still has some room to run; maintain a cautious approach, and consider deploying high-probability trading setups.
Wednesday Early Morning:
Market around 92800-92500, with targets near 94300-94800, and vice versa.
Market around 3165-3145, with targets near 3225-3255, and vice versa.