1.10 Morning Strategy, Federal Reserve and Non-Farm Data Coming. What kind of turbulence will the market experience again?
Arriving at the last trading day of this week, it has already declined for three consecutive days. Today might be the moment of reversal, the key to starting the upward trend this year? Bold predictions, cautious confirmation. Tonight's speech from the Federal Reserve and the release of non-farm data. Predicting this round could directly pull up above 100,000, and it is even possible to test the previous high. This might be the first single-sided market of over 10,000 points this year, possibly unfolding tonight. Ultimately, this kind of market driven by news will eventually return to its original position, so keep a calm mindset and enter the market reasonably.
Looking at the short term, on the hourly level, the price has reached above the mid-track, the MACD bullish momentum has somewhat decreased, and there is still room for downward movement in the short term. The overall RSI trading volume extends upward, and the intraday layout continues to focus on buying on dips.
Regarding the second contract, the price is near the mid-track, the Bollinger Bands channel is still trending downward, the MACD bullish momentum has started to increase, and the KDJ is showing a golden cross extending upward. The layout is the same as the first contract, just buy on dips.
Operation:
The first contract is focused around 925-930, with a target of 939-944.
The second contract is focused around 317-321, with a target of 327-331.