The worst time for S&P 500 has passed

The high-risk period from August to October, which I has been emphasized to everyone, is once again perfectly verified.

Just after October, the US stock index showed its biggest weekly rise this year. And this is the result of multiple good news resonances at time point. Therefore, it is considered that the highest risk period of US stock index has passed, and the follow-up is to find opportunities for callback intervention.

There is no suspense in the results of the Federal Reserve's interest rate meeting in November, and no matter how hawkish Powell's wording is, there will not be much room for the market. In addition, there may be an important economic event of the first China-US meeting in mid-November,Therefore, it is easy to understand the concentrated outbreak of market bulls. Last week's rebound of stock index laid the tone of this year's follow-up market, with the bullish as the main factor.

Technical Analysis of Stock Index

The correction of US stock index since August is very technical. After the formation of the head, shoulder and top shape in August, it started to rebound (possibly reverse) when it fell to the measured decline range of 4100-4200 points, and this rebound should be strong enough good news, so the follow-up basically follows the idea of upward movement .

At present, the US stock index has rebounded to the vicinity of the "neck line" of 4400 points, and it is estimated that it will rise and fall next week. If you plan to follow up bulls can take the 20-day moving average as the stop-loss line after the callback.

The Fed "suspended" the rate hike, and the US bond opportunities were obvious

Previously, it has been reminded that the US Treasury Bond is a variety with medium and long-term investment value, and the decline in the probability of the Federal Reserve's rate hike is a great benefit for US bond. No matter the long-term, medium-term and short-term US Treasury Bond, it is also worth investing at the current price, as the interest rate is very good

Relatively speaking, those who want leverage can choose to invest in Treasury Bond futures or yield futures in the United States. Since the 2-year Treasury Bond interest rate is still higher than the long-term Treasury Bond interest rate, the 2-year Treasury Bond has a margin of safety.

Of course, if you choice a long-term Treasury Bond, its price swing will be greater, and the short-term swing income will be higher. Everyone can choose the appropriate products. On the whole, the US debt stage stabilized.

Gold price is around 2000, waiting to break through

The Palestinian-Israeli conflict is still fermenting, and I'm afraid it will be difficult to cease fire in a short time, so the gold price is not much weaker.

At present, the gold price is just hovering at US $2,000, and there may be a slight correction next week. However, as long as it does not fall below the 20-day moving average, the gold price is still a bullish trend. As long as the news of the conflict intensifies, the gold price still has upward momentum, even breaking through the historical peak of 2100 points. In addition, the suspension of the rate hike by the Federal Reserve also drives the anti-inflation attribute of gold price (without rate hike, it will not be far from cutting interest rates), so gold can be held without extra bad news.

$NQ100 Index Main Connection 2312 (NQmain) $$SP500 Index Main Connection 2312 (ESmain) $$Dow Jones Main Connection 2312 (YMmain) $$Gold Main Connection 2312 (GCmain) $$WTI Crude Oil Main Connection 2312 (CLmain) $

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Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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