This morning, we directly recovered to 106k, almost fully reversing the weekly K chart's decline, and Trump's rhetoric has improved.

After all, now saying there's a ceasefire has led to a positive rally, but in the short term, we still prioritize fluctuations. If there are no other negative impacts, this tail wave is basically complete; it just depends on which time point we continue to rise.

Firstly, if interest rates are cut in July, there is no doubt that 98k has already become a temporary bottom. In that case, we won't consider testing 96k, and the probability of challenging the upper edge of the wedge is relatively high.

Secondly, still from the perspective of liquidity:

The fluctuation range of 100k-110k has already seen some plundering at the bottom. Regardless of whether it's news or emotional impact, at least we've been to this position.

So after stabilizing at the 106k boundary, we still look upward towards 110k. Following the market is always the right choice; isn't our logic for previous short positions based on this foundation?

Currently, the biggest reason for a decline is the continued fighting without a ceasefire. If there’s a domestic attack in the beautiful country, then just wait for a plunge...

What does everyone think?

As for how it will specifically go in the short term, I still need to ponder a bit more. I'll discuss it in detail with everyone in the video later.