SP500: Multi head lifting

Fundamental analysis:

The S&P 500 index closed up 53.64 points, or 1.36%, at 4003.58 on November 22 (Tuesday); The latest meeting minutes of the Federal Reserve will be the next key test for the dollar, because it will let people know the policy thinking of the Federal Reserve before its next meeting on December 14. The US interest rate market currently believes that the Federal Reserve will slow the pace of interest rate increase by 50 basis points (interest rate increase) in December, and then reach a peak of about 5.00% next year.

S&P SP500 - 4-hour K line chart shows:

Technical analysis:

The 4-hour chart shows that the high bulls' momentum continues to rise, short-term bullish sentiment emerges, and the market bulls' momentum gradually enters the market. The MACD index hovers around the 0 axis, and the RSI index is arranged on the weak side above the 50 equilibrium line;

Empty turning point: 3994

Pressing: 4028, 4046

Support: 3974, 3955

Trading strategy: bullish above 3994, target 4028, 4046

Alternative strategy: 3994 bearish, 3974 and 3955 targets