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 20/08/2021

Fundamental analysis

20 August, 2021

U.S. stock futures slid Friday, putting the S&P 500 and the Dow Jones Industrials Average on course to erase most or all of August’s gains. Futures tied to the S&P 500 retreated 0.5%, indicating that the broader market may post losses at the opening bell. The index has shed almost 1.4% this week through Thursday’s close, leaving it on track for its biggest weekly loss since mid-June. Futures tied to the Dow Jones Industrial Average futures contracted 0.6%. The blue-chip index has dropped 1.8% so far this week. Contracts tied to the technology-heavy Nasdaq-100 ticked down 0.3%. Stocks have been rocked this week by concerns that an uptick in Covid-19 infections globally and a slowdown in China’s growth could impede the economic recovery. Worries about rising inflation levels and the Federal Reserve’s signals that it will scale back some of its easy money policies are also weighing on sentiment. New lockdowns to contain the virus could put further pressure on supply chains, investors say.

Technical analysis

USA500 Analysis Technical analysis 20/08/2021
Time Frame: 1 hour

USA500 Support & Resistance Table - 20/08/2021

Support & Resistance Level Explanation
Resistance 2 4415.25 Daily R2
Resistance 1 4401.26 Daily R1
Support 1 4364.70 Daily S1
Support 2 4350.91 Daily S2

USA500 Indicator Table - 20/08/2021

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

USA500 Indicator / Period Table - 20/08/2021

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

USA500 20/08/2021 - Reference Price : 4383.08

Sell
Simple Moving AverageBuy ()Sell ()
Technical Indicators - OscillatorsBuy ()Sell ()
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