After a sharp reversal of $40 last week, it fell by $30 again on Monday.
Last week's eye-catching performance of large and small non-farm payrolls can be described as hot to hot, and the US stock market got off to a bad start in 2024, but ushered in a strong reversal. The continuous expansion of U.S. bonds did not bring panic to the United States, but instead piled up a strong ** again. The Fed was blowing the wind on interest rate cuts some time ago, and now it has to turn its guns, or face stubborn inflation again, or still need to raise interest rates.
At the same time, as the younger brother of the United States, the attitude of the ECB depends entirely on the decision of the Federal Reserve. As for the premature interest rate cut, there was really no plan, but still insisted on monetary tightening, and the strong dollar fell sharply under pressure.
* After hitting the 2046 level yesterday, the pressure fell sharply again, and the lowest touched the 2016 level.
Reversed again** and hit the 2035 level again today.
Next, continue to look at the continuation, first look at the pressure and gains and losses of the 2045 position. A break above this level again continues to see resistance at 2055 under pressure.
At the same time, it is below the 2045 position and falls back again, first seeing the support of the 2024 position.
Support is effective at this level, and we will continue to pay attention to the ** adjustment within the two areas.
* If it continues to fall and falls below the 2024 level, continue to see the support of the 2000 mark.
After refreshing the all-time high last month, it once again ushered in a downward adjustment. However, the overall trend is still in the big ** trend, and it continues to look at the 2140 mark again. At the same time, pay attention to the opportunity to fall back at any time, and you can see the 2000 mark in the ** space below.
In terms of operation, under the **large** trend, pay attention to the opportunities to go long in 2000 and 2024. In addition, in the short term, pay attention to the pressure adjustment and pay attention to the opportunities to short in 2045 and 2055.
Saudi Arabia has again lowered its oil exports**, while OPEC has increased its oil production in December.
Yesterday also ushered in a sharp pullback, with the lowest touching 702. The position of the stop fall adjustment.
Today again**, continue to look above at the position of challenge 71. Broke through this level again and continued to see 723. The resistance is under pressure.
It was below the 71 position, fell back again, and first saw 692 positions of support.
Support is valid at this position, again, focusing on the correction within the range of 71.
* If it continues to fall, it will fall below 692 position, continue to see 677 positions of support.
Today, Tuesday. ushered in the key U.S. account data, an important economic indicator. At the same time, focus on the pricing of US Treasury yields in the evening, as well as the Fed's statement on interest rate policy expectations.
Although the start of 2024 was embarrassing, it did not take long to usher in a strong reversal, especially the Nasdaq directly and sharply rose, and it is expected to refresh the momentum of the high again.
* The carnival, coupled with the heat of the employment data, has made the frantic expansion of the US debt an understatement and an unnoticeable oblivion. As long as you choose to ignore it, then the madness of the US debt will bring further economic miracles.
Where the rise comes, the cause of failure. Every time there is madness, the result is the collapse of a cycle, and history is repeating itself. Countless U.S. debt collapse theories, countless U.S. stock carnivals, can really go through the cycle and get out of a new miracle cycle?
However, compared with the carnival of U.S. stocks, the encounter of big A is really cold, 2900 points are lost again, and the distance of 3000 points is really getting farther and farther.