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 07/12/2021

Fundamental analysis

07 December, 2021

U.S. stock futures climbed as investors bet that the impact of the Omicron variant of Covid-19 would be milder than previously thought. Futures for the S&P 500 gained 1.1% Tuesday. The index jumped Monday, recouping nearly all its losses for last week. Contracts for the tech-focused Nasdaq-100 jumped 1.7% Tuesday, and futures for the Dow Jones Industrial Average rose 0.8%. Hopes that the new strain will have a less pronounced impact on travel and consumer confidence have bolstered stocks this week. Scientists and vaccine makers are still assessing the severity of Omicron and how well existing vaccines may work against it. Lower trading volumes in the lead-up to the holidays are likely to cause exaggerated moves in either direction, analysts say.

Technical analysis

USA500 Analysis Technical analysis 07/12/2021
Time Frame: 1 hour

USA500 Support & Resistance Table - 07/12/2021

Support & Resistance Level Explanation
Resistance 2 4729.23 Daily R2
Resistance 1 4696.48 Daily R1
Support 1 4609.16 Daily S1
Support 2 4576.42 Daily S2

USA500 Indicator Table - 07/12/2021

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

USA500 Indicator / Period Table - 07/12/2021

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

USA500 07/12/2021 - Reference Price : 4652.82

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