CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

USA500 Analysis

US Session Analysis for CFD Instruments 19/04/2024

Fundamental analysis

19 April, 2024

The USA500 is currently trading below 5,000 levels.

Friday is poised to witness a lower opening for US stocks, following Israel's reported retaliatory strike against Iran.

Concerns about a potential escalation of the conflict in the Middle East, a significant oil-producing region, have kept markets on edge. A broader conflict could pose risks to energy supplies and have repercussions on the global economy. Traders will closely monitor developments in the region throughout the day to assess the possibility of further escalation.

S&P 500 futures are down by 0.6%, indicating the potential for the index to extend its streak of declines to six consecutive days. Nasdaq 100 futures have dropped by 0.85%, while Dow Jones Industrial Average futures are lower by 0.5%.

Technical analysis

USA500 Analysis Technical analysis 19/04/2024
Time Frame: 1 hour

USA500 Support & Resistance Table - 19/04/2024

Support & Resistance Level Explanation
Resistance 2 5082.70 Daily R2
Resistance 1 5059.18 Daily R1
Support 1 4996.46 Daily S1
Support 2 4972.94 Daily S2

USA500 Indicator Table - 19/04/2024

Indicator Signal
SMA 20 Sell
SMA 50 Sell
SMA 100 Sell
MACD( 12;26;9) Sell
RSI (14) Sell
Stochastic ( 9;6;3) Sell

USA500 Indicator / Period Table - 19/04/2024

Indicator / Period Day - SellWeek - SellMonth - Buy
MACD( 12;26;9) Sell SellBuy
RSI (14) Sell SellBuy
SMA 20 Sell SellBuy

USA500 19/04/2024 - Reference Price : 5027.82

Sell
Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (0)Sell (3)
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