3.9 Monday midday market update:



The market maintained a small range in the morning, then the bulls increased momentum, rising from around 66,000 to approximately 67,600. The momentum earlier reached around 19,30, then moved up to about 20,04.

Currently, the daily chart shows a shrinking bullish volume with a positive touch near the middle band. The MACD is gradually trending upward, while the KDJ is diverging downward. Support is expected around 63,500. The four-hour chart indicates a decreasing bearish volume turning into a positive trend, with Bollinger Bands gradually moving downward, MACD trending downward, and KDJ moving upward. The hourly chart shows a shift from bearish to bullish, gradually forming a small upward crossover, with resistance around 68,000.

Monday midday:

Market around 67,500-68,000, look towards 66,500-65,500.

Market around 1,995-2,025, look towards 1,925-1,900.

The market is highly volatile. Pay attention to risk management and defense. Within the range, profit-taking is advised to secure gains.
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