The big cake surged yesterday and broke above the 65,500 area, and the room above is still being continuously opened. From a cycle perspective, we haven’t topped yet!

This time, I’m still looking at the high around 67,000, and the second big cake is above 2,000. From these levels, there can be a significant pullback!

The monthly support is relatively strong. In July, we should see a rebound, but the move has been slow all the way, grinding the market and wearing people out. Slow upward movement.

On July 30, there will be the FOMC interest rate decision. Personally, I think there’s a very high chance they will continue to keep interest rates unchanged.

Still, the main approach is to keep staying net long at low levels, with sitting on the sidelines and observing before the meeting.

For today: continue with low-level longs.

Support below: 64,500. Upside targets: 66,000—66,500.

Support below: 1,880. Upside targets: 1,950-2,000.
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