4/29 Wednesday Today's US Stock Market

Today's U.S. Stock Market Global Situation & Trend Projection

The market isn't about rising or falling, it's about rhythm.

Today, there's only one core variable for the global market: oil prices and geopolitical risks.

Currently,
the Middle East conflict remains volatile, energy supply is unstable, oil prices stay high, creating a secondary impact on inflation.
Meanwhile, the market is waiting for the Fed's stance, and uncertainty about the interest rate path has increased.

In essence,
oil prices are suppressing valuations, and capital is gaming expectations.

Looking at the market structure,
although tech stocks are still supporting the market, divergence has emerged at high levels.
Short-term capital is leaning cautious, and the index has entered a high-level consolidation phase.

Target: S&P 500

Considering the rhythm,

today is more likely to continue the weak structure.

Open slightly lower,
rally first,
then fluctuate downward.

There will be intraday rebounds, but with limited strength.
Volatility will increase significantly after the FOMC news is released.

Expected
intraday fluctuation of over 80 points.
Close in the green for the session, but with a bearish daily candlestick.

Stocks to watch: hood, Tesla, pltr, avgo. You can keep an eye on all of them. There are many earnings reports today, so try not to trade recklessly. Observe first and act when there's an opportunity.

Key Levels

High: 7147
Extreme High: 7157
Low: 7092
Extreme Low: 7072

Trading Strategy

Mainly short on rallies, do not chase gains.
Watch for rhythm confirmation after a rally and pullback.

The above analysis is for personal opinion only and does not constitute any investment advice.

$Apple(AAPL.US) $Broadcom(AVGO.US) $AMD(AMD.US) $Amazon(AMZN.US) $Alphabet - C(GOOG.US) $Lumentum(LITE.US) $Tesla(TSLA.US) $NVIDIA(NVDA.US) $SPDR S&P 500(SPY.US) $Sandisk(SNDK.US)