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 24/08/2021

Fundamental analysis

24 August, 2021

U.S. stock futures edged up Tuesday, suggesting that gains in technology stocks will help send the S&P 500 to an all-time high, as investors awaited housing market data. Futures tied to the S&P 500 ticked 0.3% higher. A day earlier, the broad market index closed at its second-highest level ever. Dow Jones Industrial Average futures gained 0.2% on Tuesday, while technology-heavy Nasdaq-100 futures rose 0.5%. Stocks have been grinding higher as investors weigh strong corporate earnings and the economic rebound against the global surge in Covid-19 cases, which is prompting fresh restrictions in some markets. Money managers are also assessing whether the Federal Reserve may slow down plans to pare back its easy-money policies because of signs that economic growth may be slowing.

Technical analysis

USA500 Analysis Technical analysis 24/08/2021
Time Frame: 1 hour

USA500 Support & Resistance Table - 24/08/2021

Support & Resistance Level Explanation
Resistance 2 4525.68 Daily R2
Resistance 1 4507.64 Daily R1
Support 1 4459.52 Daily S1
Support 2 4441.48 Daily S2

USA500 Indicator Table - 24/08/2021

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 - 24/08/2021

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

USA500 24/08/2021 - Reference Price : 4483.58

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