Market Focus Analysis:
Pulse Focus 1: Trump claimed at the NATO summit that the “U.S.-Iran understanding memorandum has ended.” Overnight, U.S. forces attacked Iranian targets, prompting Iran to launch retaliatory strikes.
Focus Analysis: The conflict is real, but the intensity between the U.S. and Iran is highly unlikely to return to the war-level state seen in April and May. We currently believe this is a move by Trump aimed at advancing some progress in the agreement.
Asset update: WTI crude oil is hovering around the 74–75 range, with upward momentum slowing. Going forward, focus on further developments in the conflict. If prices fall below 73.50, it could signal a pause in this round of tensions, with downside targets pointing to 71.
Pulse Focus 2: Bank of America: Semiconductor pullback is a healthy correction; reiterates “Buy” rating on Micron.
Focus Analysis: Overnight U.S. markets held firm amid a minor hiccup involving Trump. We should note that despite the sharp decline in the Korean stock market and the brief Trump-related disruption, institutions remain bullish. The Nasdaq is showing signs of short-term exhaustion of negative factors, and its resilient overnight performance suggests potential for short-term long positions.
Target reminder: Nasdaq 100 index—should it recover and hold above 29,400/29,500, further upside potential toward 29,800 and 30,000 remains favorable.
Plugin Case Showcase
WeChat features may be temporarily restricted. If you’d like to try the plugin, please add us as a friend and note “plugin trial” in the message, along with your contact information so we can easily get back to you!
Gold: The key resistance for the day remains around 4090. To continue rebounding, prices must break above and hold this level. We have set up a buy limit order once the price breaks through to 4103; meanwhile, we are monitoring potential bullish reversal signals following low-side liquidity sweeps. For detailed positions, please consult the plugin.
(Gold 15-minute chart)
The plugin is updated daily from 12:00 to 13:00. To try the same plugin shown in the image, please contact V: krabs1942 and leave your contact information so we can add you back.
Nasdaq: Overnight prices showed resilience; if the index continues to reclaim the key resistance zone of 29,300/29,400 during the day, it could further advance toward 29,800. For detailed levels, please consult the plugin.
(NASDAQ 15-minute chart)
The plugin is updated daily from 12:00 to 13:00. To try the same plugin shown in the chart, please contact V: krabs1942 and leave your contact information so we can add you back.
Crude oil: Prices are showing a consolidating pattern. If the price breaks below, consider selling after a pullback confirmation; conversely, if it breaks above, wait for a retest before buying. However, given that the U.S.-Iran situation is likely to remain short-term friction, we are currently more focused on signals from a downward breakout. For detailed levels, please consult the plugin.
(Crude Oil 15-minute Chart)
The plugin is updated daily from 12:00 to 13:00. If you’d like to try the same plugin shown in the image, please contact V: krabs1942 and leave your contact information so we can add you back.
Today’s key financial data and events to watch:
20:30 U.S. initial jobless claims for the week of July 4 (in thousands)
