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The market retreated after rising above 71,000. Previously, students were advised to establish short positions, with the lowest touch around 69,500.
Currently, there is some support at 69,500, and it is not recommended to chase shorts directly near this level.
A rebound to around 71,500-72,000 could be an opportunity to re-enter short positions, while the 72,500-73,000 range is the target zone for long-term short setups.