
Adam@Greeks.live|Apr 03, 2025 11:29
http://Greeks.Live Daily English Community Briefing
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Release date: 2025-04-03
Overall market sentiment
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After Trump announced a comprehensive 10% tariff and a 25% car tariff, the overall sentiment of the group was bearish. Although this is lower than market expectations, it is still considered negative news overall. The key price range that the market is concerned about is 83-87, which used to be a support area. Everyone unanimously believes that 85.2 is the first clearing price triggered during the initial rally period.
Tariff impact and market dynamics
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Trump's tariffs are seen as serious trade disruptions, particularly on ships that could increase port docking costs by $1 million and significantly disrupt global supply chains
The market initially reacted positively, with prices briefly rising to 88, seen as gambling/short covering, before experiencing a sharp reversal as the market recognized the economic impact
Option liquidity remains strongly bearish, with traders noticing a large number of put option purchases, including "700 $79000 put options expiring at the end of April"
Traders expect continued volatility and volatility, followed by a potentially poor closing on Friday, potentially falling below 83, which will erase the entire upward trend
Many traders hold short call or put options with a calendar spread, and it is widely believed that in the current environment, shorting call options is still the most effective strategy
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