Dear brothers, due to the impact of the American Independence Day holiday combined with the weekend, the US stock market will be closed for three consecutive days. Currently, market trading activity has decreased, and price fluctuations have moderated. It is noteworthy that recent market data shows that the 110,000 level has formed a strong resistance point, with bulls and bears repeatedly battling here without any effective breakthrough.
With the upcoming tariff policy set to be implemented, new variables will be introduced to the market. Historical data shows that tariff adjustments often lead to asset price fluctuations, and it is expected that this time will also trigger a corrective trend in the market. Investors holding short positions need not be overly anxious; it is recommended to maintain positions and patiently wait for the trend to materialize.
In terms of operational advice, given that current prices are at a phase high, the risk of going long has significantly increased. Once trapped, there may be a risk of deep losses and forced liquidation. It is advisable to primarily adopt a short strategy in the short term, taking advantage of rebound opportunities to lightly position short orders, while ensuring proper stop-loss and take-profit measures!
Large Pancake: Short near 109500-109000, target down to around 107500
Second Pancake: Short near 2580-2560, target down to around 2500
