简体中文
ภาษาไทย
繁體中文
Indonesia
Risk sentiment picks up again, S&P 500 rises strongly
2022-05-27
958
A brief analysis of the fundamentals:
On Thursday (May 26), the US economic data was mixed, the Fed's interest rate hikes in May and July have been fully expected by the market, and the rebound in risk sentiment has pushed the S&P 500 to rebound sharply, closing at 4050.25 points. The main contradiction in the market recently is the fear of raising interest rates and the risk of economic recession. Due to the lack of major catalysts, macroeconomic data is still the focus, focusing on intraday PCE data.
S&P 500 SP500 4-hour chart
A brief technical analysis:
From the 4-hour chart, the S&P 500 rose strongly on the basis of the moving average system, and the overall performance was strong.
Long and short turning point: 4060.00
Resistance: 4200.00 4300.00
Support level: 3900.00 3800.00
Trading strategy: bullish above 4060.00, target 4200.00 4300.00
Alternative strategy: bearish below 4060.00, target 3900.00 3800.00
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.
CM Trade Mobile Application
Economics Calendar
More
