To The Moon

The suspense in the US stock market has settled with the rising of NVIDIA, the leading eldest brother, and the risk appetite continues to support the upward attack of bulls.

At the same time, crude oil prices also slowly made a breakthrough, It is particularly worth mentioning that after a wave of rising in the weekend, gold returned to the vicinity of the previous historical high point. The competition here is expected to determine whether the bull market can restart in the near future.

The 2090 area is the key price of gold triple head before, and it is also the watershed of long-short conversion after the record high.

Interestingly, this Friday will be a new non-farm day. According to past experience, when faced with key support and resistance, risk events will also be potential driving factors. If there is a big discrepancy between the final data and the expectation, the breakthrough will be chosen under the influence of the news.

At present, the mainstream expectation is that the Federal Reserve will not start to cut interest rates until the middle of this year at the earliest, and previous data also match this situation. However, if the latest non-farm + inflation data are unexpected, it may also lead to the regeneration of interest rate prospects. Bond yields and FEDWATCH data are two angles that everyone can pay close attention to continuously.

From the midline point of view, being able to stand on 2090 will determine the final form of correction, while failing to break up will form a zigzag adjustment, thus lowering the final bottom price to 2030, which is also a kind of adjustment that we prefer, because the time and price span are sufficient.

On the contrary, if the resistance is effective, it will mean that the correction of platform type has been completed below 2000 before, and the theoretical goal of small double-bottom structure will once again set a new record high.

Compared with the performance of gold, silver is still in a half-dead state, and the trend of "climbing the grid" at the weekly level shows signs of high control. Although the rise of silver is conducive to bullish sentiment towards gold, the pattern change of gold-silver ratio has made it clear that silver will not become a stumbling block to the trend of gold. Multi-gold and empty silver will also be a hedging strategy that can be considered for a long time in the future.

Finally, a brief look at crude oil, which we mentioned in the previous two weeks.

Bulls broke through the weekly line last week and swallowed up the combination, suggesting that the effectiveness of breaking up is better. Coupled with the continuous upward movement of US stocks, crude oil bulls have a good opportunity to try to challenge the pressure around 84.

However, if we want to make more progress, we need the major cooperation of fundamentals or news.

$SP500 Index Main Connection 2403 (ESmain) $$Gold Main 2404 (GCmain) $$WTI Crude Oil Main Line 2404 (CLmain) $

$NQ100 Index Main Connection 2403 (NQmain) $$Dow Jones Main Link 2403 (YMmain) $