January 9 Market Observation

Last night, after the US stock market opened, prices quickly broke below the 9 level, then rebounded to around 91100 and began to fluctuate repeatedly. However, it is worth noting that the trading volume has significantly decreased, which usually indicates that the direction has not yet been fully determined. From the candlestick chart, the overall trend remains in a downward phase.

On the technical side, currently, the price range of 91400-91800 can be considered for short positions. If this resistance is successfully broken, the clear target below is 89000. For risk control, stop-loss can be set at 92255 to effectively avoid the risk of a sudden reversal.

Overall, it is advisable to continue with yesterday afternoon's strategy and patiently wait for entry opportunities.