[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?
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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- ThaiGirl·2022-03-22Excellent insightLikeReport
- 叫我發先生·2022-03-22Huathuat, pls givee me a likeLikeReport