Friday review/First test 6866 then rebound? Earnings week next week, how will the market move?

The market was much quieter on Friday compared to Thursday, just fluctuating up and down, taking a breather after the big swings earlier in the week. Although the weekly chart still shows a decline, the lower shadow is very obvious, indicating that there was buying at lower levels, and the trend hasn't broken. There's a possibility of further upward movement next week, but a pullback to around 6860 before rebounding isn't out of the question. The focus will be on the latter half of next week, as earnings reports from large-cap stocks will determine the direction. Short-term resistance is first seen around 7050.

NVIDIA, on the other hand, remained stable despite Intel's sharp drop. The weekly chart still shows an upward oscillation. As a core large-cap stock, its trend remains intact, and there's still room for further upside.

Intel's post-earnings plunge, from a trading perspective, actually presents an opportunity. Technically, it's near a level worth testing. A small position to bet on a rebound is acceptable, but the level still isn't low—definitely don't go all in. Risk control is paramount.

The overall market trend remains bullish, but volatility will increase during earnings season. Keep an eye on the 7050 resistance and 6860 support. Opportunities exist, but position sizing must be managed carefully.