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 02/09/2021

Fundamental analysis

02 September, 2021

The USA500 was trading moderately higher ahead of the American market opening on Thursday. It is presently 4,528.08. Investors and traders remain cautiously optimistic that the U.S. Federal Reserve will continue its loose monetary policy which has been very good for the equity markets. All eyes will be on today’s initial jobless claims in the United States and tomorrow’s monthly employment data, because Chairman Powell of the U.S. Federal Reserve has made it clear that the health of the American labor market will dictate when they begin to taper their asset purchases. The U.S. central bank currently buys $120 billion per month of treasuries and mortgage backed securities.

Technical analysis

USA500 Analysis Technical analysis 02/09/2021
Time Frame: 1 hour

USA500 Support & Resistance Table - 02/09/2021

Support & Resistance Level Explanation
Resistance 2 4545.18 Daily R2
Resistance 1 4537.64 Daily R1
Support 1 4517.52 Daily S1
Support 2 4509.98 Daily S2

USA500 Indicator Table - 02/09/2021

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

USA500 Indicator / Period Table - 02/09/2021

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

USA500 02/09/2021 - Reference Price : 4527.58

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