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Fed officials said that the interest rate policy in 2019

2022-06-02
890
Fundamental analysis:

The S & P 500 index closed down 30.96 points, or 0.75%, at 4101.19 on Wednesday, June 1; At the close of the US stock market, the three major stock indexes opened higher and went lower, while the S & P continued to go lower. The most hawkish official of the Federal Reserve: the current goal is to raise interest rates. The interest rate level in 2019 may be used for future reference.


S & P SP500 - 4-hour K-line diagram display:



Technical comments: the high short power maintained a downward shock, the low power reached the nodes near 4070 and began to sort out, the short power continued to move downward shock, the Bollinger belt index continued to close, the MACD index maintained a downward shock in the long region, and the RSI index maintained a downward shock in the long region and hovered below the 50 equilibrium line;


Multi empty turning point: 4113


Pressing position: 4151, 4191


Support position: 4061, 4020


Trading strategy: 4113 down bearish, target 4061, 4020


Alternative strategy: bullish above 4113, targets 4151 and 4191


The above analysis is a personal point of view and is for reference only.

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.

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