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 08/12/2021

Fundamental analysis

08 December, 2021

U.S. stocks were poised for gains at the opening bell, potentially pushing the S&P 500 toward record territory, amid optimism that the economic impact of Omicron will be less drastic than first feared. Futures the S&P 500 rose 0.3% Wednesday, a day after the benchmark index posted its biggest one-day jump since March and closed just shy of an all-time high. Contracts for the Dow Jones Industrial Average edged up 0.2% and futures for the Nasdaq-100 rose 0.5%, pointing to a strong start to the session for technology stocks. Elsewhere, stocks have snapped back after swooning when the Omicron variant first emerged in late November. Investors have pointed to evidence that Omicron might cause less severe illness than previous variants, though scientists are still assessing its virulence and ability to evade vaccines.

Technical analysis

USA500 Analysis Technical analysis 08/12/2021
Time Frame: 1 hour

USA500 Support & Resistance Table - 08/12/2021

Support & Resistance Level Explanation
Resistance 2 4764.20 Daily R2
Resistance 1 4731.68 Daily R1
Support 1 4644.96 Daily S1
Support 2 4612.44 Daily S2

USA500 Indicator Table - 08/12/2021

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 - 08/12/2021

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

USA500 08/12/2021 - Reference Price : 4688.32

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