The early morning market retreated from around 91,200 to approximately 90,200 after falling back from around 91,200, then rebounded back to around 91,200. Overall, it remains within a range with oscillations. Currently, the daily chart shows a small-bodied candle with decreasing volume, indicating bullish momentum, but the four-hour level shows increasing bearish pressure near the upper side, and the hourly level shows a small-bodied candle with decreasing volume and bearish sentiment. The market faces resistance above, suggesting a high-probability entry point in the early morning.
Monday Morning:
Market range around 91,000-91,500 with a target near 89,800-89,300.
Market range around 3,120-3,145 with a target near 3,060-3,035.
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1.12 Monday Morning Market:
The early morning market retreated from around 91,200 to approximately 90,200 after falling back from around 91,200, then rebounded back to around 91,200. Overall, it remains within a range with oscillations. Currently, the daily chart shows a small-bodied candle with decreasing volume, indicating bullish momentum, but the four-hour level shows increasing bearish pressure near the upper side, and the hourly level shows a small-bodied candle with decreasing volume and bearish sentiment. The market faces resistance above, suggesting a high-probability entry point in the early morning.
Monday Morning:
Market range around 91,000-91,500 with a target near 89,800-89,300.
Market range around 3,120-3,145 with a target near 3,060-3,035.