The SPY Consolidates 6% Surge After Fed Holds Rates, Job Market Shows Signs Of Softening: A Technical Analysis
The SPY Consolidates 6% Surge After Fed Holds Rates, Job Market Shows Signs Of Softening: A Technical Analysis
The SPDR S&P 500 (NYSE:SPY) opened slightly higher Monday after the Federal Reserve decided to hold interest rates steady and job gains data came in lower-than-expected last week.
這個 SPDR 標準普爾 500 紐約證券交易所代碼：SPY）週一開盤小幅走高，此前美聯儲決定維持利率穩定，上週就業增長數據低於預期。
Investor sentiment rose last week on hopes the Fed has ended its tightening campaign and could begin to cut rates during the second half of 2024. The positive outlook caused the SPY to log its best week this year, rising 5.85% between the Oct. 27 close and Friday.
上週，投資者情緒上升，原因是人們希望美聯儲結束緊縮運動，並可能在2024年下半年開始降息。樂觀的前景使SPY創下了今年最好的一週，在10月27日收盤價至週五之間上漲了5.85％。
On Monday, the market ETF was consolidating, forming an inside bar on lower-than-average volume.
週一，市場ETF正在盤整，形成了交易量低於平均水平的內線。
Whether or not the market will continue higher imminently or continue to trade sideways to consolidate for a few days remains to be seen, but the downtrend has been negated and the SPY has regained the 50-day simple moving average (SMA).
市場是即將繼續走高還是繼續橫盤整幾天還有待觀察，但下跌趨勢已被否定，SPY已經收復了50天簡單移動平均線（SMA）。
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More experienced traders who wish to play the SPY either bullishly or bearishly may choose to do so through one of two Direxion ETFs. Bullish traders can enter a short-term position in Direxion Daily S&P 500 Bull 3X Shares (NYSE:SPXL) and bearish traders can trade the inverse ETF, Direxion Daily S&P 500 Bear 3X Shares (NYSE:SPXS).
希望以看漲或看跌的方式玩SPY的經驗更豐富的交易者可以選擇通過兩隻Direxion ETF中的一隻進行交易。看漲的交易者可以進入短期頭寸 Direxion Daily 標準普爾500指數牛市3X股 紐約證券交易所代碼：SPXL）和看跌的交易者可以交易反向ETF， Direxion Daily 標準普爾500指數 Bear 3X （紐約證券交易所：SPXS）。
The ETFs: SPXL and SPXS are triple leveraged funds that track the movement of the SPY, seeking a return of 300% or –300% on the return of the benchmark index over a single day.
交易所買賣基金： SPXL和SPXS是追蹤SPY走勢的三重槓桿基金，尋求基準指數單日回報率爲300％或—300％的回報。
It should be noted that leveraged ETFs are meant to be used as a trading vehicle as opposed to long-term investments.
應該注意的是，槓桿ETF旨在用作交易工具，而不是長期投資。
The SPY Chart: The SPY regained the 50-day SMA on Friday and on Monday, the ETF was consolidating above the area near the top of Friday's trading range, which has settled the SPY into an inside bar pattern. The pattern leans bullish in this case because the SPY was trading higher before forming the inside bar.
間諜圖表： SPY在週五收復了50日均線，週一，該ETF在週五交易區間頂部附近的區域上方盤整，這使SPY進入內線模式。在這種情況下，該模式傾向於看漲，因爲SPY在形成內線之前交易價格走高。
- Although the SPY negated its downtrend on Thursday by rising above the most recent lower high, which was formed on Oct. 24 at $424.82, the ETF hasn't yet retraced to confirm a new uptrend with the formation of a higher low. When the SPY falls to at least print a higher low, it could provide a solid entry point for bullish traders who aren't already in a position.
- Although the SPY regained the 50-day SMA it has become detached from the eight-day exponential moving average (EMA), which is contributing to the ETF's need for consolidation. The ETF may continue to trade sideways for a period of time to allow the eight-day EMA to catch up to the SPY's price.
- The SPY has resistance above at $436.79 and at $447.79 and support below at $429.80 and at $420.76.
- 儘管SPY指數在週四上漲至10月24日形成的最新低點424.82美元，從而抵消了其下跌趨勢，但該ETF尚未回落，以確認新的上升趨勢，形成更高的低點。當SPY跌至至少創出更高的低點時，它可以爲尚未處於困境的看漲交易者提供一個堅實的切入點。
- 儘管SPY收復了50天均線，但它已經脫離了八天指數移動平均線（EMA），這促使ETF需要整合。ETF可能會在一段時間內繼續橫盤整理，以使八天均線趕上SPY的價格。
- SPY的阻力位在436.79美元和447.79美元，下方的支撐位爲429.80美元和420.76美元。
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譯文內容由第三人軟體翻譯。