简体中文
ภาษาไทย
繁體中文
Indonesia
Dow: range shock
2022-07-07
1207
Fundamental analysis:
The Dow Jones index closed up 69.40 points, or 0.22%, at 31037.22 on July 6 (Wednesday); Inflation will remain high, which means that it is beyond the tolerance of the Federal Reserve. Unless something really bad happens, they are likely to raise interest rates by another 75 basis points in July and then by 50 basis points in September.
Dow Jones dj30 - 4-hour K-line chart shows:
Technical analysis:
According to the 4-hour chart, it was maintained in the wide and narrow range of the Bollinger belt index channel for a long time. During this period, the nodes of the upper and lower rail sections were spied back and forth for many times. The Bollinger belt index was in the closing trend, the MACD index was weak around the 0 axis, and the RSI index was in the narrow range on the upper side of the 50 equilibrium line;
Long and short turning point: 30952
Pressing position: 31302, 31568
Support position: 30703, 30482
Trading strategy: 30952 bullish above, targets 31302, 31568
Alternative strategy: down below 30952, target 30703, 30482
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
