US stock SPX analysis 8.21
Today's daily K is 9, reaching the high point and spatial target predicted last week. The current trend is upward. The high is around 9 to prevent the risk of a pullback. The system shows a sell-out signal. Currently, K is overbought, but there is no sign of confirmation of a pullback. It continues to be bullish in the current state.
Trading strategy: Decrease positions in the short term or take profit on the move; step back and then increase positions in the future; continue to hold unabated in the long term.
Pressure level: 5630 5650 is raised to 5699 at the extreme position. Shortly, reduce positions in batches at the pressure level, or use these positions to stop profit.
Support level: 5620 5600 These two positions fell below to reduce positions, continue to hold and go long without falling, and support levels 5550 5530 stepped back to increase positions.
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