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Dao: Blind Falling

2023-09-07
437
Basic face analysis:

On Wednesday (September 6) the ISM service industry index in the United States accidentally rose to a half -year high, and some Federal Reserve officials increased their interest rates to raise interest rates when necessary, and the market expected to raise interest rates in November. U.S. stocks lasted in September, and the three major indexes opened low and lowered collectively. The Dow fell 0.57%.

DJ30 four -hour chart



Technical analysis:

Looking at the 4-hour chart, the Dow is further lowering to near 34300. The MACD volume can pass through the zero axis. The short trend continues, the resistance is moved down 34600-34750, and the 34200-34000 below.

Resistance position: 34600 34750
Support bit: 34200 34000

Trading strategy: Bull above 34600, target 34750 35000
Essential strategy: 34600 to see the drop, target 34200 34000

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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