& P: strong pull up

The S & P 500 index closed up 116.42 points, or 3.07%, at 3912.15 points on Friday, June 24; It is expected that U.S. policymakers will maintain a very cautious attitude, because the soaring inflation has not yet shown signs of peaking, which will prompt the Federal Reserve to take more radical measures in the near future. Although President Powell's tone is slightly calm, the inflation report in the coming months will be the main driving force for the Federal Reserve's actions.

According to the 4-hour chart, the bull power continued to pull up strongly near the upper rail of the Bollinger belt index, and there was no sign of stopping the short-term bull upward trend. The Bollinger belt index showed a good trend of opening its mouth. The MACD index remained in the consolidation and continued upward of the bull region, and the RSI index was in the consolidation and upward of the bull region;

Multi empty turning point: 3900

Pressing position: 3954, 3983

Support position: 3865, 3834

Trading strategy: bullish above 3900, target 3954, 3983

Alternative strategy: bearish below 3900, goals 3865 and 3834