CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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 07/05/2021

Fundamental analysis

07 May, 2021

U.S. stock futures edged higher Friday ahead of fresh jobs data that is expected to show a strong recovery in the labor market following last year’s downturn. Futures tied to the S&P 500 ticked up 0.3%, a day after the broad-market index closed near its all-time high. Nasdaq-100 futures advanced 0.2%, pointing to muted gains in technology stocks. Futures linked to the Dow Jones Industrial Average rose 0.3%, suggesting that the blue-chips index may notch yet another closing record by the end of the week. Stocks are poised for a second week of muted gains, with sentiment bolstered by signs of a strengthening economy and Federal Reserve officials reiterated pledges to refrain from tightening monetary policy until the labor market is recovered. Energy producers, banks and other firms that would benefit from the economy reopening have rallied this week, while technology firms have been among the poorest performers.

Technical analysis

USA500 Analysis Technical analysis 07/05/2021
Time Frame: 1 hour

USA500 Support & Resistance Table - 07/05/2021

Support & Resistance Level Explanation
Resistance 2 4232.83 Daily R2
Resistance 1 4220.72 Daily R1
Support 1 4188.44 Daily S1
Support 2 4176.33 Daily S2

USA500 Indicator Table - 07/05/2021

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

USA500 Indicator / Period Table - 07/05/2021

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

USA500 07/05/2021 - Reference Price : 4204.58

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (2)Sell (0)
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