The major cycle is resonating with the previous platform level, with a preliminary target around 94311. The targets of the small cycle and the major cycle are resonating, making 94322 the core observation point.

From the reversal pattern, a bottom formation structure appears at the 15-minute level (a sign of a trend reversal), which means there will be a subsequent pullback to test the small cycle T point. The target is around 95210. At the same time, two small W-bottom patterns have formed, pushing the target up to 95502.

The current trend is pulling back to test the small W T point to complete the trend reversal, followed by sequential testing of the small M T point. Once this level is stabilized, the focus shifts to the previous large M T point—which also coincides with the target level of the two small W patterns resonating.

After reaching the target, there will be a pullback to test near the W T point, which is also the position of the 15-minute upward trend line. Holding steady here allows for continued bullishness, with the final daily-level W target locked at 104600.