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 12/11/2021

Fundamental analysis

12 November, 2021

Stocks were poised to snap a five-week winning streak, knocked by concerns about high levels of inflation. Futures for the S&P 500 edged up less than 0.1% Friday, pointing to a small opening advance for the benchmark index. The S&P 500 has fallen 1% so far this week, interrupting a streak of gains that kicked off when U.S. companies began to report strong earnings in mid-October. A pullback in recent sessions followed data showing inflation rose to a three-decade high in October and broadened to an array of goods and services. Signs that the flare-up in inflation will last longer than central bankers had forecast prompted traders to bet the Federal Reserve would raise borrowing costs by summer

Technical analysis

USA500 Analysis Technical analysis 12/11/2021
Time Frame: 1 hour

USA500 Support & Resistance Table - 12/11/2021

Support & Resistance Level Explanation
Resistance 2 4679.16 Daily R2
Resistance 1 4667.98 Daily R1
Support 1 4638.18 Daily S1
Support 2 4627.00 Daily S2

USA500 Indicator Table - 12/11/2021

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

USA500 Indicator / Period Table - 12/11/2021

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

USA500 12/11/2021 - Reference Price : 4653.08

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