5.6 U.S. Stock Market Analysis - Shiyuan's Viewpoint



The U.S. stock market continued its strong upward trend at midday, with the three major indices rising in unison, the Nasdaq and S&P 500 reaching new all-time highs, and market risk appetite steadily improving. As of midday, the Dow increased by approximately 0.52%, the Nasdaq rose by nearly 0.95%, and the S&P 500 gained about 0.77%, showing a pattern of technology leadership and sector rotation overall.

Upper resistance: The Nasdaq around 25,400 and the S&P 500 near 7,280 are short-term high-level resistances. Breaking through these levels will further open upward space.

Lower support: The Nasdaq between 25,200-25,150 and the S&P 500 around 7,220-7,200 are key midday zones. As long as the pullback does not break these levels, the strong trend will continue.

Currently, the bullish trend in U.S. stocks is clear, with technology and chip sectors serving as the core driving forces, and overall performance remains strong. The strategy focuses on low-cost entries in core sectors, avoiding chasing high prices.
BTC1.44%
GT1.92%
ETH0.9%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin