Fundamental analysis:
The S & P 500 index closed up 90.01 points, or 2.45%, at 3764.85 points on Tuesday, June 21; The rise in borrowing costs and the weakening of economic growth expectations have also damaged riskier assets and boosted the attractiveness of relatively safe assets such as the US dollar.
S & P SP500 - 4-hour K-line diagram display:
Technical analysis:
According to the 4-hour chart, the low-level Bull Power maintained a concussion and moved up to the node near the upper rail of the Bollinger belt index and began to concussion. The short-term bull power continued to rise. The Bollinger belt index began to open its mouth gradually after it showed a closing trend. The MACD index was in the short area, and the low-level Bull Power maintained a concussion and moved up to the 0 axis, and the RSI index low-level Bull Power maintained a concussion and moved up to the 50 balanced online side for sorting;
Multi empty turning point: 3743
Pressing position: 3795, 3830
Support position: 3709, 3670
Trading strategy: bullish above 3743, target 3795, 3830
Alternative strategy: bearish below 3743, target 3709, 3670