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. 70.41% 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 23/04/2021

Fundamental analysis

23 April, 2021

U.S. stock futures edged up as investors assessed fresh data on how manufacturing and services world-wide are faring in the second quarter. Futures tied to the S&P 500 ticked 0.2% higher, suggesting the broad-market index may regain some ground. The gauge dropped 0.9% Thursday on reports that President Biden is considering higher capital-gains taxes for the wealthiest Americans, and is on track to end a four-week streak of gains. Nasdaq-100 futures edged up 0.2%, pointing to muted gains in technology stocks after the opening bell. Stocks have been choppy this week as sentiment wavered between concerns about fresh waves of Covid-19 infections around the world and optimism prompted by promising economic data. Weekly jobless claims last week hit the lowest point since the pandemic began, indicating that the U.S. labor market is improving.

Technical analysis

USA500 Analysis Technical analysis 23/04/2021
Time Frame: 1 hour

USA500 Support & Resistance Table - 23/04/2021

Support & Resistance Level Explanation
Resistance 2 4168.95 Daily R2
Resistance 1 4155.26 Daily R1
Support 1 4118.74 Daily S1
Support 2 4105.05 Daily S2

USA500 Indicator Table - 23/04/2021

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

USA500 Indicator / Period Table - 23/04/2021

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

USA500 23/04/2021 - Reference Price : 4137.00

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