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SP500: Thanksgiving Early Market
2022-11-25
1146
Fundamental analysis:
Due to the Thanksgiving holiday, the US stock market is closed for one day today; the US stock market trading on Friday will be closed early at 02:00 am Beijing time the next day (Saturday).
S&P SP500 - 4-hour candlestick chart shows:
A brief technical analysis:
From the 4-hour chart: the high bullish momentum is slowly rising, the bullish sentiment in the market remains, and there is a trend of continuing upward movement in the short term, the MACD indicator is slowly rising above the 0 axis, and the RSI indicator is finishing at a high level in the bullish area;
Long-short turning point: 4023
Suppression: 4056, 4074
Support: 4001, 3981
Trading strategy: bullish above 4023, target 4056, 4074
Alternative strategy: bearish below 4023, target 4001, 3981
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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