简体中文
ภาษาไทย
繁體中文
Indonesia
Dj30: low position weak finishing
2022-08-30
1128
Fundamental analysis:
The Dow Jones index closed down 183.75 points, or 0.57%, at 32099.65 points on Monday, August 29; Powell's remarks support the expectation that the federal funds rate will rise in the longer term. It is too early for the Federal Reserve to start cutting interest rates in the middle of 2023.
Dow Jones index dj30 - 4-hour K-line chart shows:
Technical analysis:
According to the 4-hour chart, the power of short positions drops rapidly, the low position is weak and the narrow range is adjusted, and the short-term or low position is maintained. The MACD index is in the short position and the consolidation is maintained. The RSI index is in the weak position of the short position;
Long and short turning point: 32197
Pressing position: 32350, 32520
Support position: 31954, 31779
Trading strategy: bearish below 32197, targets 31954 and 31779
Alternative strategy: bullish above 32197, targets 32350 and 32520
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
