Brother Liu’s July 2 Afternoon “Big Cake” Strategy Analysis

The current price is around 60,200. Tonight, the U.S. employment data will be released, so the market is likely to get whipsawed up and down with sudden spikes—no heavy positioning.

The U.S. dollar has been strengthening. Recently, institutions have been selling the Big Cake, and the bigger trend is weak;
But when it drops to around 57,700, there’s heavy buying support holding it up. In the short term, it should range-trade between 58,000 and 61,300. Only after the data comes out tonight will it likely move in one clear direction—either up or down.

Afternoon Trading Ideas

In the 60,600–61,000 range, set a plan with defense at 61,450; if it breaks that level, exit.
Targets: first look at 59,500, then 58,800; if it breaks below 58,000, you can continue to hold and watch for lower lows.

If it pulls back and stabilizes around 59,000–59,300, hold steady and consider adding/going in—defense at 58,600; exit near 60,700 on the upside.
For a more conservative approach, wait for the down move to 58,000–58,400 before entering, defense at 57,400—hold for the rebound upward.

Note: This is for market reference only—pay attention to risk.
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