ASR-VC Indicator 4-Hour Channel Latest Interpretation
Currently, the ASR-VC Indicator 4-Hour Channel validates the preliminary judgment, with prices receiving effective support at the middle track and secondary demand zone (92800 USD), triggering a minor rebound.
However, as prices continue to oscillate around the middle track, the bullish and bearish forces have returned to a balanced state. Although the spot premium index briefly rebounded due to positive news after confirming at the support level, it failed to form sustained buying pressure, highlighting weak demand in the spot market.
Trading Strategy and Market Analysis: Given the uncertainty surrounding tonight's FOMC meeting, it is advisable to temporarily avoid short-term trading. Although the market generally expects a neutral outcome from the meeting, Powell's remarks on economic growth are worth close attention.
After the meeting, price volatility may intensify, and the specific trend can refer to the following key levels:
Downside Risk: If prices break below the middle track and demand zone (92800 USD), the short-term target will point to the lower edge of the oscillation channel (89100 USD);
Upside Opportunity: If the meeting releases dovish signals, prices are expected to challenge the first target level of 96000 USD;
If it further breaks through 96500 USD (with a lower probability), there is a possibility of refreshing the high point; if the rebound stops at 96500 USD, the market may continue the oscillation pattern, similar to the previous long-term consolidation phase before breaking through 85000 USD.