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The MACD red bar momentum is weakening, revealing a lack of follow-through after the initial surge. Although there was a brief breakout above the MA144/MA169 moving averages, the support in the moving average convergence zone is weak, and the rebound feels more like a "final sprint".
Personal opinion, for reference only:
The range is 119500-119800, with a target of 118000 and 116300.
Auntie 3840-3870 range rebound, target 3750, 3630