简体中文
ภาษาไทย
繁體中文
Indonesia
DJ30: High level interval sorting
2022-10-21
1159
Fundamental analysis:
The Dow Jones Index closed down 90.69 points, or 0.30%, at 30333.12 on October 20 (Thursday); As the Federal Reserve has tightened its monetary policy, cracks have begun to appear in the job market. The Federal Reserve has raised its policy interest rate to a range of 3.00% - 3.25%. Officials have indicated that there will be more interest rate hikes this year. At present, there is almost no sign of a sharp fall in inflation.
Dow Jones DJ30 - 4-hour K chart shows:
Technical analysis:
The 4-hour chart shows that the high short-term range fluctuates and shifts, and the market bearish sentiment starts to show signs of waiting for an opportunity to enter the market. The MACD indicator stays in the bull area and keeps sorting and descending, while the RSI indicator stays in the weak position near the 50 equilibrium line;
Empty turning point: 30446
Pressing: 30608, 30761
Support: 30277, 30140
Trading strategy: 30446 downside bearish, target 30277, 30140
Alternative strategy: bullish above 30446, target 30608, 30761
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.
Free AccessDaily Trading Strategy
Download Now
CM Trade Mobile Application
Economics Calendar
More
