Yesterday, both longs and shorts were profitable, very comfortable. The current price is around 2830, with support at 2790-2750 below. Resistance levels are at 2880-2935-2975-3030 above. The current trading idea is to go long around 2800 on a pullback in the afternoon, with a stop below the small previous low. If it rebounds, watch the situation and go short near resistance levels at any time. Mainly, it depends on the CPI release at 21:30 tonight. For short-term trading, follow the market trend. Currently, the trend still appears bearish, but I believe the decline won't continue now; there is an interest rate cut expectation in January, likely pushing the index to the 3300-3600 range. After the rate cut is implemented, it may continue to decline. I don't think it will continue downward this week; the weekly K-line is expected to close around 3050.
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December 18, 2025 15:54
Yesterday, both longs and shorts were profitable, very comfortable.
The current price is around 2830, with support at 2790-2750 below. Resistance levels are at 2880-2935-2975-3030 above.
The current trading idea is to go long around 2800 on a pullback in the afternoon, with a stop below the small previous low. If it rebounds, watch the situation and go short near resistance levels at any time.
Mainly, it depends on the CPI release at 21:30 tonight. For short-term trading, follow the market trend.
Currently, the trend still appears bearish,
but I believe the decline won't continue now; there is an interest rate cut expectation in January,
likely pushing the index to the 3300-3600 range. After the rate cut is implemented, it may continue to decline.
I don't think it will continue downward this week; the weekly K-line is expected to close around 3050.