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 02/11/2021

Fundamental analysis

02 November, 2021

U.S. stock futures paused after all three major indexes closed at record highs, as the Federal Reserve was set to begin its two-day policy meeting against a backdrop of sharpening inflation concerns. Futures tied to the S&P 500 wavered between small gains and losses Tuesday. Futures tied to the Dow Jones Industrial Average and the Nasdaq-100 lost 0.1%, a day after the blue-chip index briefly jumped above the 36000 level for the first time. The Fed’s two-day policy meeting will be a key focus of investors this week who have grown increasingly concerned that a period of rising prices could last longer and weigh more on the economy than central bank officials have suggested. Major central banks elsewhere in the world, concerned about stubbornly high inflation, have been moving forward plans to raise rates.

Technical analysis

USA500 Analysis Technical analysis 02/11/2021
Time Frame: 1 hour

USA500 Support & Resistance Table - 02/11/2021

Support & Resistance Level Explanation
Resistance 2 4629.88 Daily R2
Resistance 1 4619.20 Daily R1
Support 1 4590.44 Daily S1
Support 2 4579.66 Daily S2

USA500 Indicator Table - 02/11/2021

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 - 02/11/2021

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

USA500 02/11/2021 - Reference Price : 4604.82

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