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Yesterday's market showed overall bearish momentum with an increase reaching around 74600, then retracing to around 70800. In the early morning, the market moved up to around 71980, retraced, and then probed lower to around 70400. The overall market showed bearish expansion and downward movement. Operationally, it's still advisable to enter on any rallies near highs.
Thursday morning market:
Market around 71500-72000 range, target downside toward 70000-69500.
Market around 2205-2230 range, target downside toward 2155-2135.
Market volatility is relatively large. Pay attention to risk control and defense. Secure profits within range fluctuations.
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