DJ30: High level sorting up

Fundamental analysis:

The Dow Jones index closed 401.97 points higher, or 1.26%, at 32403.22 on November 4 (Friday); In October, 261000 new non-agricultural jobs were created in the United States, 200000 better than expected, 263000 lower than the previous value, and the unemployment rate was 3.7%, 3.6% expected. The number of jobs in the United States in two months was revised up. In view of the decline in the employment participation rate, it seems strange at first glance that the unemployment rate has risen

Dow Jones DJ30 - 4-hour K chart shows:

Technical analysis:

From the 4-hour chart, we can see that after the short-term shock retreated, the bullish power was waiting for the opportunity to enter the market and began to rise slowly. The market bullish sentiment continued to emerge. The MACD index remained in the short area and maintained its consolidation and upward movement, while the RSI index was in the shock near the 50 equilibrium line;

Empty turning point: 32338

Pressing: 32,633, 32,806

Support: 32141, 31933

Trading strategy: bullish above 32338, target 32633, 32806

Alternative strategy: 32338 bearish, target 32141, 31933