Fundamental analysis:
The Dow Jones index closed down 639.10 points, or 1.94%, at 32271.80 points on Thursday, June 9; At the close of the US stock market, the three major stock indexes opened low and the Dow initially closed down about 630 points. Representatives of the two parties in the US Senate said on June 9 local time that they had failed to reach an agreement on the gun control legislation negotiations held that day, but would continue to work hard.
Dow Jones dj30 - 4-hour K-line chart display:
Technical comments: it has maintained a narrow amplitude oscillation in the Bollinger belt index channel for a long time, and the amplitude space has gradually narrowed. The Bollinger belt index continues to open its mouth, and the low level falls below the track to the node near 32248 for consolidation. The MACD index starts to decline after consolidation near the 0 axis, and the RSI index remains below the 50 equilibrium line to maintain a shock downward;
Multi empty turning point: 32402
Pressing position: 32621, 32807
Support position: 32113, 31907
Trading strategy: bearish below 32402, target 32113, 31907
Alternative strategy: bullish above 32402, target 32621, 32807
The above analysis is a personal point of view and is for reference only.