Perspective on July 3rd Afternoon
Da Bing and Er Bing surged strongly yesterday, mainly due to the U.S. "Big and Beautiful Act" being passed in the Senate, as well as U.S. Treasury Secretary Yellen's remarks mentioning "definitely a rate cut in September," which led to optimistic sentiments in the market regarding future easing.
Tonight, the revised version of the "Big and Beautiful Act" will return to the House of Representatives for a vote (the time for the publication of the voting results is uncertain).
If passed, it should continue to promote an upward trend; if not passed, it could lead to a significant drop:
From the current trends in market funds, the willingness to push higher is strong, with the probability of an increase greater than that of a decrease.
At 20:30, U.S. non-farm payrolls will be released, which is also expected to be slightly positive. After 20:30, the voting results of the act will determine the direction of the rise and fall.
The market is expected to mainly rise, so trades should be made with a bullish mindset.
Focus on low positions.