Due to the U.S. Labor Day, the U.S. stock market is closed all day today.

Last Friday, $SNDK surged because the month-end 21st saw its inclusion in the S&P 100, and capital flowed in.

By the way, they’re cleaning up the remaining short positions; it’s already back below 1800. If this move breaks 1800, it will likely continue to press against the 2000 resistance.

The capital in the U.S. stock market is really bold—no matter how bad the macro environment is, they still won’t be affected by using a tiny window to push up.

And from Friday after-hours until now, during the weekend, Binance futures has still been pushing the price of SanDisk from 1740 to 1780+. This can only mean the bullish sentiment in the Binance market hasn’t been fully digested yet. The nearest support below is 1710–1740.

Further out, support sits at 1660–1690. Still, I hope to see a gap-up tomorrow night, rally higher, and then first provide a 4-hour pullback for an entry.

#美伊互袭油轮冲突升级