Dow: Back to a high level
Basic face analysis:
On Thursday (August 31), the three major stock indexes of the US stocks rose and declined, and the Dow fell 0.48%. From the beginning of August 26, the number of unemployed gold was recorded in the early week of August 26, which was a new low since July 29. The increase in the increase in the price index in the United States in July was 4.2%, and the increase of 0.2%month -on -month was complied with expectations.
DJ30 four -hour chart
Looking at the 4-hour chart, the Dow rebounded near 35100 and fell back. The MACD volume could shrink on the zero axis. The short-term multi-headed trend was weak. Pay attention to the resistance of 34950-35100.
Resistance position: 34950 35150
Support bit: 34500 34300
Trading strategy: 34950 to see the bullish, target 35150 35400
Alternative strategy: 34950, see the drop below, target 34600 34300
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