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 07/04/2021

Fundamental analysis

07 April, 2021

U.S. stock futures edged higher Wednesday as investors awaited notes from the Federal Reserve’s last policy meeting for clues on how officials view inflation and the pace of economic recovery. Futures tied to the S&P 500 index and the Dow Jones Industrial Average ticked up less than 0.1%. Technology-heavy Nasdaq-100 futures rose 0.2%. On Tuesday, indexes were broadly unchanged after closing at record highs at the start of the week. Signs that the economy is rebounding from its coronavirus-driven slump have buoyed investors and helped propel the major indexes to unprecedented levels this week. The rapidly progressing vaccination rollout, combined with both monetary and fiscal support, is aiding in the recovery of the labor market and the manufacturing sector. Money managers are betting that more of the economy will return to a normal footing soon and give a boost to travel and leisure companies.

Technical analysis

USA500 Analysis Technical analysis 07/04/2021
Time Frame: 1 hour

USA500 Support & Resistance Table - 07/04/2021

Support & Resistance Level Explanation
Resistance 2 4089.26 Daily R2
Resistance 1 4079.00 Daily R1
Support 1 4051.64 Daily S1
Support 2 4041.38 Daily S2

USA500 Indicator Table - 07/04/2021

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 - 07/04/2021

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

USA500 07/04/2021 - Reference Price : 4065.32

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