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Day March 6, 2023

2023.03.06 4,200 to be the major resistance

The February ISM manufacturing index was 47.7 in February, shrinking for the fourth consecutive month, lower than market expectations of 48, but slightly higher than the previous value of 47.4. For the sub-items of the index, the ISM new orders…

2023.03.06 20,700 points to be the resistance

China’s official manufacturing purchasing managers’ index (PMI) in February was 52.6, the highest since April 2012, also higher than the expected of 50.6 and 50.1 in January. The non-manufacturing PMI in February was 56.3, higher than the expected of 54.9…