Monday Evening Jing Yi Trading Strategy Analysis

Today’s market experienced a dip and rebound, with oscillations upward and a late surge. Overall, it was dominated by expectations of US-Iran negotiations, with clear ranges and a well-defined rhythm, and short-term risks were significantly alleviated. Huang Mao stated that there is a high probability of reaching an agreement in the next two days, easing Middle East risk sentiment, warming risk appetite, and driving the market higher; however, the final ultimatum on April 7th still carries uncertainty, which suppresses the momentum for chasing highs.

The future outlook mainly depends on the progress of the US-Iran agreement: if the agreement is implemented, the market is likely to continue its oscillation with a slight upward bias; it’s also possible that negotiations may fluctuate, causing the market to move back and forth. In terms of trading, it’s advisable to operate within the established range.

Resistance levels are at 701-718-735, and support levels are at 682-676-655. Strict adherence to defensive strategies based on individual positions is recommended.