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S & P: The shock is lower

Basic face analysis:

On Tuesday (September 5), the US debt yield and the rise in the US dollar index rising to the risk assets, the three major indexes of the US stocks closed down collectively, and the S & P 500 index fell 0.42%. In terms of industry sectors, in addition to the rise in energy and technology, the other 9 major S & P 9 major sectors have all closed down. Fed officials "put the eagle" again, and Voller warned the market to rush to predict that the Fed has ended interest rate hikes.

SP500 four -hour chart

Technical analysis:

Looking at the 4-hour chart, S & P is disadvantaged under 4520. The MACD volume is about to penetrate the zero axis. The market continues to be vacated. The resistance is close to 4520-4540. The support below is 4480-4450.

Resistance position: 4520 4540
Support bit: 4480 4450

Trading strategy: 4520 to see, target 4480 4450
Extracting strategy: Bull above 4520, target 4540 4570

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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