简体中文
ภาษาไทย
繁體中文
Indonesia
DJ30: low shock
2022-12-20
1010
Fundamental analysis:
The Dow Jones Index closed down 162.92 points, or 0.49%, at 32,757.54 points on Monday, December 19. The U.S. stock market is set to usher in its worst year since the global financial crisis, and the market believes that corporate profits will suffer the same fate. The impending earnings recession "may itself resemble the 2008/2009 scenario". That could trigger a new low in stocks "much worse than most investors are currently expecting."
Dow Jones DJ30 - 4-hour K-line chart shows:
Brief technical analysis:
Looking at the 4-hour chart: The short-term momentum maintains a slow downward trend, and the short-term decline may continue. The overall short position in the market is good. The MACD indicator is in the short-selling area and the RSI indicator is hovering in the short-selling area;
Long-short turning point: 33032
Press: 33196, 33342
Support: 32814, 32687
Trading strategy: bearish below 33032, target 32814, 32687
Alternative strategy: call above 33032, target 33196, 33342
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
