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 20/12/2021

Fundamental analysis

20 December, 2021

U.S. stock futures, oil prices and bond yields fell as investors worried that a rise in Omicron Covid-19 cases would stall economic growth and add pressure to inflation. Futures for the S&P 500 tumbled 1.8% Monday. The index fell Friday, notching its largest weekly percentage decline in three weeks. Contracts for the tech-focused Nasdaq-100 shed 1.7% Monday, and futures for the Dow Jones Industrial Average declined 1.7%. Some countries are imposing restrictions to stem the spread of the Omicron variant as the holiday season starts. The Netherlands on Sunday reimposed a lockdown, with all nonessential shops, bars and restaurants closed until mid-January. Irish Prime Minister Micheál Martin also announced new restrictions. President Biden plans to deliver an update Tuesday on the fight against Covid-19 in the U.S., where cases are rising. The rise in infections has prompted concerns that a new wave is likely to prolong supply-chain disruptions that have elevated inflation.

Technical analysis

USA500 Analysis Technical analysis 20/12/2021
Time Frame: 1 hour

USA500 Support & Resistance Table - 20/12/2021

Support & Resistance Level Explanation
Resistance 2 4606.57 Daily R2
Resistance 1 4584.50 Daily R1
Support 1 4525.66 Daily S1
Support 2 4503.59 Daily S2

USA500 Indicator Table - 20/12/2021

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

USA500 Indicator / Period Table - 20/12/2021

Indicator / Period Day - SellWeek - SellMonth - Buy
MACD( 12;26;9) Sell NeutralBuy
RSI (14) Sell SellBuy
SMA 20 Sell SellBuy

USA500 20/12/2021 - Reference Price : 4555.08

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