USMAI: Daily Trend Analysis: Bullish Momentum Continues Amid Powell's Dovish Remarks

 

Introduction: The USMAI daily trend remains firmly in the bullish zone, signaling a sustained upward trajectory. Just yesterday, there were indications of entering a correction phase, as buying strength appeared to wane, but today's sharp ascent follows Federal Reserve Chair Powell's dovish remarks, reinforcing expectations of a rate cut in 2024. Despite the current robust upward movement, signs point to an imminent peak, with the likelihood of a restrained ascent giving way to a corrective trend, leading to a consolidation phase.

Key Points:

  1. Yesterday's Correction Signals: Until recently, the market exhibited signs of entering a correction phase, marked by diminishing buying strength and a potential shift in momentum.

  2. Powell's Dovish Impact: Today's sudden surge is attributed to Federal Reserve Chair Powell's dovish stance, particularly emphasizing the increased certainty of a 2024 interest rate cut. This has injected renewed optimism into the market.

  3. Potential Peak and Consolidation: Despite the current strong upward momentum, analysts anticipate reaching a peak soon. Following this, a limited upward movement is expected, likely leading to a shift into a corrective trend and the onset of a consolidation phase.

Conclusion: In conclusion, the USMAI's current bullish trend, fueled by Powell's dovish remarks, is anticipated to encounter resistance in the near future. The looming possibility of reaching a peak suggests a forthcoming transition to a more restrained and corrective market phase. Traders should exercise caution and closely monitor market developments for timely decision-making.

Please note that this analysis is based on current market conditions and may be subject to change as new information becomes available.


Dec 13, 2023

Closed price

4,739.71

1.38%

 

 

Appropriate Investment Position: Bullish-Buy [Long-term strategy]

Today's Buy-Sell intensity analysis

The current trend appears to be 'Uptrend'. The OPEN-price started with a weaker upward rate than the current trend and The HIGH and LOW prices are showing a stronger HIGH-price and a weaker LOW-price Finally, the CLOSE-price closed with a stronger upward rate than the current trend.

The overall buy-and-sell intensity indicates that the buy intensity is stronger than the sell.

Assuming that the average buy intensity is 100%,

Today's buy intensity is

236%

 

 

Tomorrow's Buy-Sell intensity Prediction

Based on recent market trends and technical analysis, it looks like US Stock Market Average Index will enter an Correction trend tomorrow

The %intensity of Risk & Return tomorrow :

24%

HIGH ~ LOW % range tomorrow :

0.3%

0.0%

Predicted Average return over the next 3 days:

0.0%

 

 

 

 

 

 

 

US Stock Market Average Index price futures 10 Day prediction [Short-term strategy]

It is expected that the overall trend movement over the next 10 days will follow a strong upward direction, with a ratio of 4 : 6 for the downward to upward direction, indicating a higher proportion of the upward trend. And, in terms of the expected strength of the upward and downward movements, the upward strength is somewhat higher, while the downward strength is moderate. Currently, it's in the midst of a strong uptrend in prices, marked by brief declines and strong rises. and It's maintaining a suitable Buy-Sell intensity for the current trend conditions.

Indicating that We are currently in a bullish zone. Therefore, it is recommended to implement a strategy to increase profits and take a suitable investing position. A suitable investing position is 'Buy(Bullish) and Hold' for now. The appropriate selling timing is predicted to be either today or tomorrow.

The selling date is

Dec 14

 

 

A good price to sell a stock:

$ 4,749.76

And the appropriate buying timing is predicted to be in 9 days.

 

The buying date is

Dec 26

to

Dec 27

A good price to buy a stock:

$ 4,734.20

(Prediction may shift due to changes in the Buy-Sell intensity)

Volatility of Prediction

Due to maintaining a proper flow of Buy-Sell intensity that is suitable for the current trend, pretiming predictions may have low volatility.

Predicting the Turning Point of the Trend

The probability of a trend reversal occurring approximately 4 days from now, 7 days from now

 

Prediction of Upper~Lower price range over the next 10 days

Price:

4,733.92

~

4,767.24

% Change:

-0.1%

~

0.6%

Median price between the upper and lower prices

4,750.58

0.2%

Analysis of the trend zone & level% and average intensity of trends

For the last 30 days, the average trend zone & level%

Bullish

60%

The Current trend zone & level%

Bullish

95%

The expected average trend zone & level% for the next 10 days

Bullish

98%

If the trend moves upward from the current trend level%, it's expected to have an average upward strength of

61%

(Max 100%)

And if it moves downward, it is expected to have a downward strength of

-35%

(Min -100%)

Prediction the intensity of the trend and the range of the HIGH ~ LOW

Trend

%Intensity

HIGH

LOW

In 1 day: Entering a correction trend

24%

0.3%

0.0%

In 2 days: Entering a correction trend

-31%

0.0%

-0.2%

In 3 days: Entering a correction trend

-43%

0.1%

-0.3%

In 4 days: Reversion to an uptrend

-48%

0.0%

-0.3%

In 5 days: Uptrend

-5%

0.3%

-0.2%

In 6 days: Uptrend

59%

0.6%

0.2%

In 7 days: Turning into a correction trend

-21%

0.4%

-0.4%

In 8 days: Correction trend

-48%

0.0%

-0.5%

In 9 days: Entering an uptrend

-47%

-0.1%

-0.4%

In 10 days: Entering an uptrend

100%

0.6%

0.0%

Average closing price in case of rising:

 

0.6%

=> HIGH ~ LOW range:

0.8%

~

-0.2%

Average closing price in case of falling:

 

-0.3%

=> HIGH ~ LOW range:

0.4%

~

-0.6%

The 10-day prediction and technical analysis of the US Stock Market Average Index index are conducted based on the analysis of buy-sell intensity by the pretiming analysis. This analysis provides detailed information on various aspects, including the best stocks to buy, stock price targets, and investment strategies. It also includes bearish and bullish stock trend analysis as well as stock technical analysis.

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