CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% 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. 70.91% 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 all your money. Read full risk warning.

USA500 Analysis

US Session Analysis for CFD Instruments 03/02/2021

Fundamental analysis

03 February, 2021

U.S. stock futures rose on Wednesday, after a strong market rally as the Reddit trading mania appeared to re-appear Dow futures pointed to an opening gain of about 60 points. S&P 500 futures and Nasdaq 100 futures also both traded in positive territory. Strong earnings from Amazon and Alphabet helped futures. Amazon reported earnings nearly doubled Wall Street estimates; however, the stock move was tempered by news that Jeff Bezos was stepping down as CEO. Amazon’s stock edged 0.3% higher in after-hours trading. Shares of Alphabet surged more than 7% in after-hours trading after the technology giant reported 23% revenue growth and topped estimates for earnings.

Technical analysis

USA500 Analysis Technical analysis 03/02/2021
Time Frame: 1 hour

USA500 Support & Resistance Table - 03/02/2021

Support & Resistance Level Explanation
Resistance 2 3901.52 Daily R2
Resistance 1 3871.65 Daily R1
Support 1 3791.99 Daily S1
Support 2 3762.12 Daily S2

USA500 Indicator Table - 03/02/2021

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

USA500 Indicator / Period Table - 03/02/2021

Indicator / Period Day - BuyWeek - BuyMonth - Buy
MACD( 12;26;9) Buy BuyBuy
RSI (14) Buy BuyBuy
SMA 20 Buy BuyBuy

USA500 03/02/2021 - Reference Price : 3831.82

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