#美联储回购协议计划 December 25th, Friday: Trading Window During Christmas Holiday

Today, the European and American markets are closed, which means trading volume will significantly shrink. Reduced liquidity often amplifies price fluctuations, which serves as a reminder for technical traders to be extra cautious—pay close attention to key support and resistance levels.

Trading resumes tomorrow, and there are three things to watch:

**1. Federal Reserve Officials' Movements** — Especially new signals on interest rate policies, which directly impact the attractiveness of risk assets
**2. US New Home Sales** — Real estate data can reflect economic fundamentals; don’t underestimate it
**3. Policy Statements and Changes** — Could lead to market sentiment fluctuations

From the technical charts, there are signs of correction on the 4-hour timeframe. The 4445 level is critical—it is the confluence point of the middle Bollinger Band and trend support, marking the boundary between bulls and bears. If it breaks below 4440, a short-term top is established; if it stabilizes, there’s potential for further upward movement.

**Trading Ideas:**
— In the short term, consider building long positions gradually in the 4455 to 4447 range, targeting 4490 to 4530; if strength persists, try for 4550
— For those already holding trend-long positions (entry below 4400), continue to hold but set stop-loss orders to protect your capital

Risk Warning: Market volatility is unpredictable; the above is for technical reference only. Trade cautiously.