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Yesterday it surged to around 87,000, even with positive non-farm payroll data, after hitting the previous high it turned downward. The key level at 85,288 was broken with volume, the upward momentum was blocked again, and the market returned to consolidation.
Can it still surge to 89,000?
In the short term, focus on the support range of 82,000‑83,000. As long as this holds, there is still a chance for a counterattack; once it breaks down effectively, a deeper correction may begin.
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