Friday early morning market:

The evening market was influenced by initial jobless claims falling below expectations, indicating stronger employment resilience. The possibility of delaying interest rate cuts increased, and GDP annualized quarterly rate was revised higher than expected, signaling economic overheating. The delay in rate cuts persisted. The release of PCE data was generally in line with expectations, but the data was bearish for the market.
The evening market rose to around 90300 within the range, then pulled back to around 88400. The near-term liquidation was basically completed near the top. Currently, the market has rebounded to around 89000 with sideways fluctuations.

The attitude of the market also declined from around 3009 to about 2905.
Currently, the daily chart shows a bearish candle with increasing volume at the top, MACD moving downward and gradually approaching the zero line to form a cross-down, KDJ diverging downward, and the four-hour level shows a shrinking top with a solid bearish candle. The Bollinger Bands are opening downward, MACD is running smoothly, and KDJ is gradually forming a death cross downward. Support is expected around 87500 below, resistance around 90500 above, and a secondary resistance around 92500. The hourly level shows a gradually increasing top with four consecutive bearish candles, trading below the lower band. MACD has not effectively broken above the zero line to form a cross-up and is gradually moving downward, while KDJ is gradually moving upward. Overall, the market mainly shows a downward trend at the top. If the support below can hold effectively, the market may maintain a range rebound. Maintain a cautious approach with low leverage during early morning trading.
Friday early morning:
Market around 88600-88100, target around 90500-91500.
Market around 2920-2900, target around 2985-3035.
The market is quite volatile. Pay attention to risk control and defense in operations. Gains within the range can be secured.