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 15/07/2021

Fundamental analysis

15 July, 2021

U.S. stock futures wobbled Thursday ahead of fresh data that will indicate the pace of recovery in the labor market and commentary from the Federal Reserve’s chief. Futures for the S&P 500 were treading water, while contracts tied to the Dow Jones Industrial Average slipped 0.2%. The S&P 500 ended Wednesday up just 0.1% after earlier hitting an intraday high. Contracts for the Nasdaq-100 edged up almost 0.4%, suggesting that large technology stocks may gain at the opening bell. The major indexes are hovering near all-time highs on signs of the economy rebounding and stronger-than-expected corporate earnings. But some money managers say stocks may struggle to grind higher in the coming weeks because an uptick in Covid-19 infections could threaten the global reopening. Concerns over how long higher inflation will linger and its impact on future earnings, as well as worry that the Federal Reserve may reduce its level of support, is also weighing on sentiment.

Technical analysis

USA500 Analysis Technical analysis 15/07/2021
Time Frame: 1 hour

USA500 Support & Resistance Table - 15/07/2021

Support & Resistance Level Explanation
Resistance 2 4392.03 Daily R2
Resistance 1 4377.48 Daily R1
Support 1 4338.68 Daily S1
Support 2 4324.13 Daily S2

USA500 Indicator Table - 15/07/2021

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

USA500 Indicator / Period Table - 15/07/2021

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

USA500 15/07/2021 - Reference Price : 4358.08

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (1)Sell (2)
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