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 24/02/2021

Fundamental analysis

24 February, 2021

U.S. stock futures edged higher Wednesday as investors awaited fresh comments from Jerome Powell a day after the Federal Reserve chairman soothed unsettled markets. Stock markets have wavered in recent days following a strong start to the year, with highflying tech companies leading declines. Investors said a rise in government bond yields, driven by improving growth prospects and rising inflation expectations, has accelerated a rotation out of the tech stocks that led markets higher during the pandemic, and into the stocks best placed to benefit from an end to lockdowns.

Technical analysis

USA500 Analysis Technical analysis 24/02/2021
Time Frame: 1 hour

USA500 Support & Resistance Table - 24/02/2021

Support & Resistance Level Explanation
Resistance 2 3916.62 Daily R2
Resistance 1 3900.10 Daily R1
Support 1 3856.06 Daily S1
Support 2 3839.54 Daily S2

USA500 Indicator Table - 24/02/2021

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

USA500 Indicator / Period Table - 24/02/2021

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

USA500 24/02/2021 - Reference Price : 3878.08

Sell
Simple Moving AverageBuy (1)Sell (2)
Technical Indicators - OscillatorsBuy (1)Sell (2)
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