Market Review: The overall environment of the large cap index of NASDAQ dropped from over 16,000 points in early August to complete a rebound to 18,000 points on the 20th. From the 20th to the end of the month, it has been in a retracement state. As we enter September, the question is whether the U.S. stock market can welcome another rise to surpass the previous 18,000 points. Based on the DKW indicator in the chart and the options market on Friday, we can roughly speculate that the rise on that Friday was completely in line with the exercise of options. The numerical hints from the indicators also indicate that the current situation is in green numbers [5], meaning that the early September market still tends to be dominated by a decline. This makes the first week of September particularly important. If the market indeed starts to trend downward at the opening, then the previous low point of 15,708 may be revisited. If it stabilizes, the first step will be to observe the trend of the previous high point of 18,017.
First, let's introduce the 6 core indicators used for market analysis: DKW trend indicator, CM chip indicator, CD bottom-fishing indicator, SXHY long-short trading indicator, SZT three-wave resonance indicator.
CKDJ overbought and oversold phenomenon indicator.
These 6 indicators need to be combined to analyze. The indicators will change according to the changes in stock prices during the trading session, so there may be some differences between reviewing after trading hours and during trading. Pay attention to buying and selling during the trading session.
Next, the trading strategy for individual stocks:
The stock $COO Cooper Companies$ has already broken out of the previous range and surpassed the 100 level. At this time, all indicators show a bullish trend. According to the pink number indication [4] of the DKW indicator, it means that there is at least...