Lian Loo @Chongloo: "Support Levels Table + Escalation..."

Singapore

Support Levels Table + Escalation Continues! Futures Down Again — Is the Pullback Ongoing? There’s a lot of conflicting news lately—talks of a ceasefire on one side, while escalation continues on the other. Donald Trump is sticking to his usual “winning” narrative, while Iran’s missiles are still being launched. Futures are down again tonight, reflecting expectations that the conflict may continue. At this stage, it’s more prudent to stay disciplined with dollar-cost averaging and avoid chasing strength. As long as the Islamic Revolutionary Guard Corps hasn’t backed down, it makes sense to wait for pullbacks before adding positions. The key concern is that the NASDAQ Composite is not fully stable yet and could potentially break below its 200-day moving average again. A confirmed de-escalation could trigger a sharp bullish reversal, but in the short term, a resolution does not appear imminent. Over time, markets tend to become desensitized to war headlines. However, if the conflict drags on, real economic impacts will follow. For example, fuel prices near my area have risen by about 13% over the past two weeks, with increases happening every few days. Current market weakness reflects both economic concerns and reduced expectations for rate cuts. Strategy: Continue DCA Avoid chasing breakouts (“TACO trades”) Look to add on pullbacks after rebounds Stay cautious unless there is a clear signal of de-escalation Otherwise, the risk of a broader bearish trend remains. Wishing everyone a smooth trading Monday—stay disciplined and focused. $TSLA (Tesla Motors, Inc.) $NVDA (NVIDIA Corporation) $MU (Micron Technology, Inc.) $MSFT (Microsoft) $AMD (Advanced Micro Devices Inc)

Not investment advice. The author may have financial interests in the mentioned instruments.