Generally speaking, the implementation of the U.S.-Iran Switzerland negotiation agreement should boost risk market sentiment, but in reality, oil prices have fallen—erasing the gains from the previous two days—while gold and sentiment-negative-correlated assets have not seen a good uptick either, remaining sluggish.

I can't quite understand the current market—it's moving too confusingly! I’ll take a selective break.

Logically, the implementation of the US-Iran Swiss negotiation agreement should boost risk market sentiment, but in reality, oil prices have dropped, giving back the gains from the previous two days. Gold and negatively correlated assets haven't performed well either, still moving sluggishly.

This reflects that the boost in sentiment isn’t significant—only a short-term weak rebound can be observed!

Before Thursday this week, there seems to be no macro-level basis for judgment, so we can only rely on technicals to trade.

The key events this week are concentrated on Thursday and Friday!
The ones worth paying attention to are the PCE inflation data, Micron’s Q3 earnings call, and the speeches of three Fed voters on Friday!
After Warsh’s debut speech, the remarks of these three voters are still worth watching—they should give some signals to the market.

The US-Iran Swiss negotiations are ongoing and will no longer be as informative as before!
I’m taking a break—no opinions to share. I’ll just play by technicals. Support.