简体中文
ภาษาไทย
繁體中文
Indonesia
SP500: low recovery
2023-05-25
750
Fundamental analysis:
The S&P 500 Index closed down 29.98 points, or 0.72%, at 4115.60 points on Wednesday, May 24; as the deadline for raising the government’s $31.4 trillion borrowing limit draws closer, U.S. President Joe Biden and Congress Representatives of the Republicans on Tuesday (May 23) ended a new round of debt ceiling negotiations, but still failed to reach any resolution.
S&P SP500 - 4-hour K-line chart shows:
Brief technical analysis:
4-hour chart: short-term dynamics remain volatile and downward, short-term lows rebound, bullish power is waiting for opportunities, but the downward trend is good, and there is no sign of final upward movement in the short term. Weak side wandering;
Resistance: 4171 4182
Support level: 4138 4128
Trading strategy: bearish below 4158, target 4138 4128
Alternative strategy: call above 4158, target 4171 4182
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
