Monday Night | Tang Long's Trading Strategy

Today’s market movement was very typical: a sharp decline first, then a slow rebound, with a push at the end of the session. Overall, it was a sideways upward trend.
To put it simply, it’s still being driven by the news of US-Iran negotiations.
The current market logic is very clear:
There are reports that an agreement might be reached in the next couple of days, risk aversion will decrease, funds will feel confident to enter the market, and the market will naturally push higher;
But since the April 7th date has not yet been confirmed, there’s uncertainty, so no one dares to chase high aggressively.
The future movement depends on one key factor:
If the agreement is actually reached → Expect sideways to slightly bullish movement, gradually grinding upward
If negotiations break down or stall repeatedly → The market could turn at any time
I am still holding the short position around 70,000 that I mentioned this afternoon.
In this kind of oscillating market, don’t stubbornly stick to one direction; trading within a range is more comfortable.
Important levels to remember:
Resistance above: 70100 / 71800 / 73500
Support below: 68200 / 67600 / 65500
In trading, be sure to pay attention to:
Adjust your stop-loss according to your position, and strictly follow it.
As for the overall trend, I still say:
Long-term outlook remains bearish, be patient and wait for a real downtrend to emerge.