📌 Driving factors
China-US container shipping routes rose sharply - factories rushed to produce overnight, taking advantage of the tariff cooling-off period, those who should stock up are working overtime to complete the tasks. This is the situation seen on the first day after the tariff reduction, indicating the complementarity between China-US trade.
The long-awaited US-Japan and European and American tariffs have not yet ushered in substantial benefits, but Europe said that this is an unfair negotiation and has not been concluded yet.
Trump went to the Middle East and signed a 100 billion weapons order, stabilizing the Middle East before Europe.
📊Comment analysis
The Asian session fell in the morning, pay attention to a few points:
1. The upper watershed opened at 3193 in the morning, the short watershed.
2. Directly break the 3168 long watershed, the next support is at 3145, 3130.
3. For now, the Asian session will continue to fall in a cycle, the European session will pull back after breaking the bottom, and the US session will continue to retreat.
💰Strategy Package
For short-term operations, short selling can be done near 3166, stop loss 3169, target 3140, 3135.
Labaron believes
Guaranteeing the principal is the bottom line for survival, controlling risks is the armor for survival, earning profits is a stage medal, and long-term stable and continuous profits are the only proof of being able to stand up from the sea of blood and corpses.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.