The recent surge from 2780 to above 3080 for Er Bing is a standard strong upward attack, with a series of short-term continuous rises. During the process, the volume decreased on the pullbacks, followed by an increased volume breakthrough to a new high. Currently, it is consolidating in the range of 3060 to 3080, more like a buildup of strength rather than a peak.
From the trend perspective, as long as the pullback does not drop below 3020, the bullish structure remains solid. Although the MACD is at a high level, momentum is expanding again, and there has been no obvious selling pressure in the volume, indicating a stable position of the chips. There is still room for further upward movement in the short term.
The operational idea is very simple: continue to go long on the trend if it pulls back to the range of 3020 to 3040. If it directly stands above 3085, consider a small follow-up, with the target aiming at 3120 to 3150. As long as the rhythm of 2990 is maintained below, it won't be chaotic.
