Fundamental analysis:
The Dow Jones Index closed down 348.66 points on December 22 (Thursday), or 1.04%, to 33027.82 points; the final value of the annualized quarterly rate of real GDP in the third quarter of the United States: the total weekly working hours in the third quarter increased by 2.9% at an annualized rate %, and real GDP growth in the third quarter is currently at 3.2%, which means we have at least a little bit of productivity growth in the third quarter, which is the opposite of the first half of the year.
Dow Jones DJ30 - 4-hour K-line chart shows:
Brief technical analysis:
The 4-hour chart: The short-term dynamics fluctuated downwards and then quickly pulled up. In the short term, they maintained low and wide fluctuations. The market as a whole was in a weak downward trend. The MACD index was hovering around the 0 axis, and the RSI index was in a weak consolidation below the 50 balance line. ;
Long and short turning point: 33276
Suppression: 33445, 33600
Support: 33007, 32861
Trading strategy: bearish below 33276, target 33007, 32861
Alternative strategy: call above 33276, target 33445, 33600