简体中文
ภาษาไทย
繁體中文
Indonesia
SP500: high position down
2023-02-07
1008
Fundamental analysis:
The S&P 500 index closed down 25.49 points, or 0.62%, at 4110.99 points on February 6 (Monday). Before the release of strong economic data, the Federal Reserve raised interest rates by 25 basis points last week. Federal Reserve Chairman Jerome Powell signaled the central bank isn't done raising interest rates yet, despite economic signs that U.S. inflation is cooling.
S&P SP500 - 4-hour K-line chart shows:
Brief technical analysis:
Looking at the 4-hour chart: the high-level short-seller momentum maintains a narrow range and moves down, the market's short-seller sentiment continues to emerge, and there is a trend of continuing to move downward in the short term, the MACD indicator is in the bullish area and maintains a downward trend, and the RSI indicator is hovering around the 50 balance line;
Long and short turning point: 4130
Suppression: 4148, 4166
Support: 4108, 4092
Trading strategy: bearish below 4130, target 4108, 4092
Alternative strategy: call above 4130, target 4148, 4166
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.
Free AccessDaily Trading Strategy
Download Now
CM Trade Mobile Application
Economics Calendar
More
