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Dao: Continuously decline

2023-09-06
493
Basic face analysis:

On Tuesday (September 5), the US debt yield and the rise in the US dollar index rose to the risk assets. The three major indexes of the US stocks closed down collectively, and the Dow fell 0.56%. Most of the large -scale technology stocks rose, and the price of crude oil was higher to boost the energy sector. Fed officials "put the eagle" again. Waller warned the market to not rush to predict that the Federal Reserve has ended interest rate hikes.

DJ30 four -hour chart



Technical analysis:

Looking at the 4-hour chart, the Dow continues to fall under 35,000. The MACD volume can pass through the zero axis. The short-term short trend continues. Pay attention to the resistance of 34880-35000.

Resistance position: 34880 35000
Support bit: 34500 34300

Trading strategy: Bull above 34880, target 35000 35300
Alternative strategy: 34880, go below, target 34500 34300

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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