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 31/08/2021

Fundamental analysis

31 August, 2021

U.S. stock futures edged higher Tuesday, suggesting that the S&P 500 is on course for a third consecutive record close, ahead of data on U.S. consumer confidence levels. Futures tied to the S&P 500 ticked up 0.3% a day after the broad index closed at an all-time high. Dow Jones Industrial Average futures added 0.2% Tuesday while technology-heavy Nasdaq-100 futures rose 0.4%. Stocks have powered higher since Federal Reserve Chairman Jerome Powell reiterated Friday that the timing of scaling back on bond purchases—which is likely to begin later this year—won’t have any bearing on subsequent decisions to raise interest rates. Meanwhile, concerns about the elevated number of Covid-19 cases are providing a lift to technology stocks because investors are renewing bets on companies that would benefit from lockdowns and people working from home.

Technical analysis

USA500 Analysis Technical analysis 31/08/2021
Time Frame: 1 hour

USA500 Support & Resistance Table - 31/08/2021

Support & Resistance Level Explanation
Resistance 2 4545.74 Daily R2
Resistance 1 4538.60 Daily R1
Support 1 4519.56 Daily S1
Support 2 4512.42 Daily S2

USA500 Indicator Table - 31/08/2021

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 - 31/08/2021

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

USA500 31/08/2021 - Reference Price : 4529.08

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