Currently, in terms of structure, the B wave Rebound is at least in an obstructed adjustment state. It is difficult to judge how the sub-wave structure will unfold at the moment, but from the weekly and daily charts, as well as simple combinations with other indicators, the market has reversed in the short term. However, it does not mean that there will be no rebounds at all. In summary, the key resistance level is at 106500 (±300 points), with minor support at 104500 and important support between 100500 and 102500!

Currently, based on the market situation, the main players are also testing the market reaction at this position, so when we operate our own trades, we should set a good stop loss to protect our capital and for re-entering the market, we should manage the cut loss at 107300.