Good morning, yesterday the market experienced a pullback during the day, just reaching the short-term support of 104900 as indicated yesterday, and then started to oscillate upward again. The evening pump just reached the level where one can take the opposite position at --- 106100-106500. Currently, there has been a 1000-point decline. Will it continue to drop today?

The market has been experiencing a daily level of volatile rebound since last Thursday. The non-farm payroll news on Friday did not have a significant impact on the market. The first wave of the rebound continued throughout the weekend. This morning, under the complete structure and shape, a pullback occurred. Currently, the first phase of the rebound has come to an end, and it has begun to move downward in a volatile manner. After a 1-2 day pullback, we will judge whether we can start the second phase of the rebound based on the shape. The short-term target is mainly around 103400-102500.