[Analysis of US Stocks] Why are we firmly bullish on the index in the past two weeks? Our exclusive view of Chinese stocks! Why was KWEB at the bottom on Tuesday? This index strategy yields a 48% return! Which stocks continue to flow in?

Ross_Macro_Trading
2022-03-18

Technically, we used SPX 4250 as an important benchmark to dictate whether the bulls are stronger. Today, SPX continuously jumped to over 4400 after it successfully reclaimed 4250. On Wednesday, the Federal Reserve appeared more hawkish than Wall Street's consensus, hiking its short-term interest rates by a quarter percentage point as expected but signalling six more rate hikes this year to fight the surging inflation. After three days' sizeable relief rally, SPX will encounter the 4450 resistance, which happens to be MA50 on the daily chart. Coincidently, it is also the 300 point distance away from the low of Mar.14.

$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ Trust(QQQ)$ $SPDR Dow Jones Industrial Average ETF Trust(DIA)$ 

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Comments

  • MR_Wu
    2022-03-18
    MR_Wu
    It is hoped that the Ukraine crisis will be resolved soon, which is important for the stability of financial markets.
    • MR_WuReplyBig Little: 
      I believe the situation will ease, please remain optimistic.
    • Big Little: 
      Nah... Looks like stalemate. So need to look elsewhere  other market catalysts
  • Road1Warrior
    2022-03-22
    Road1Warrior
    ease in slowly with interest rate hike. one way to numb the nervousness of investors n ease the blame if the market drop.  fool game n we r the fool most of the time.
  • EvanHolt
    2022-03-18
    EvanHolt
    Which industry do you think will develop well in the second half of the year?
  • hj489
    2022-03-21
    hj489
    Ukraine crisis will have heavy impact on financial markets.
  • mamekpizz
    2022-03-19
    mamekpizz
    Great ariticle, would you like to share it?
  • K734
    2022-03-24
    K734
    Thanks for sharing
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