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 16/08/2021

Fundamental analysis

16 August, 2021

U.S. stock futures edged down Monday, pointing to muted losses for major indexes that closed at record highs last week, after data showed a slowdown in China’s economy. Futures for the S&P 500 ticked down 0.2%. The broad gauge of large-cap stocks hit its 48th all-time closing high of 2021 on Friday. Stocks have ground higher in thin summer trading, buoyed by a bumper set of quarterly earnings reports from American companies. However, investors remain wary of the dampening effect of the Delta variant of Covid-19 on business activity, and potential pitfalls including geopolitical uncertainty and the possible removal of some stimulus by the Federal Reserve early next year.

Technical analysis

USA500 Analysis Technical analysis 16/08/2021
Time Frame: 1 hour

USA500 Support & Resistance Table - 16/08/2021

Support & Resistance Level Explanation
Resistance 2 4459.78 Daily R2
Resistance 1 4454.44 Daily R1
Support 1 4440.20 Daily S1
Support 2 4434.86 Daily S2

USA500 Indicator Table - 16/08/2021

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

USA500 Indicator / Period Table - 16/08/2021

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

USA500 16/08/2021 - Reference Price : 4447.32

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