Brothers, yesterday's market was a bit dull. Going back and forth, we could only grab some small profits. The large contract was at 104000/2500, then went up to 105200/2545 and came back down from above, making some small profits again. In the early morning, the chain deployed near 104000/2500, and when the market opened in the morning, it came back to 104800/2530. The volatility was not significant, just a little profit.
The geopolitical situation in Israel and Palestine continues, and the Fed has no intention of lowering interest rates, which is a significant fundamental aspect recently. There hasn't been much stimulus, and the daily chart has formed a doji candlestick. In fact, for six consecutive days, we have seen doji or spinning top candlesticks, and both bullish and bearish forces seem a bit fatigued. For today, we won't look for major breakthroughs on either side, but rather a range-bound movement.
Near 104000, we will add to positions at 103500, looking at 105300 as the first target, and then 106200 with a defense at the area below 103000.
Near 2500, we will add to positions at 2480, looking at the vicinity of 2545 as the first target, and then 2600 with a defense below 2470.
In terms of a high-level strategy, if 10500-300/2540-45 breaks again without success, we can implement a reversal strategy.