On July 5th, the technical indicators show a strengthening short-term trend, with the 4-hour MACD exhibiting signs of a golden cross pattern and the RSI rebounding to the neutral zone of 50. Key support to watch is in the range of 93700-93300, while resistance above is seen at 94680-95160. In terms of operation, a pullback to stabilize at 94000-93800 may allow for a light position to go long, targeting 94600-95100; if a rebound reaches 94800-95100 and faces resistance, a short position can be tested. It is necessary to monitor whether it can hold above the 94500 level and the flow of funds in the US stock market, with a suggestion to control the position and implement strict stop loss.
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On July 5th, the technical indicators show a strengthening short-term trend, with the 4-hour MACD exhibiting signs of a golden cross pattern and the RSI rebounding to the neutral zone of 50. Key support to watch is in the range of 93700-93300, while resistance above is seen at 94680-95160. In terms of operation, a pullback to stabilize at 94000-93800 may allow for a light position to go long, targeting 94600-95100; if a rebound reaches 94800-95100 and faces resistance, a short position can be tested. It is necessary to monitor whether it can hold above the 94500 level and the flow of funds in the US stock market, with a suggestion to control the position and implement strict stop loss.