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 29/06/2022

Fundamental analysis

29 June, 2022

U.S. stock futures hovered ahead of a panel of major central bank officials that is expected to provide insight into their views on the economy, inflation and the path of monetary policy. Futures tied to the S&P 500 were little changed, oscillating between small gains and losses after the broad-market index closed down 2% on Tuesday. Nasdaq-100 futures ticked up 0.1%, pointing to muted moves for technology stocks after the opening bell. Stocks have started the week on a shaky note as a series of data releases showed that higher prices are weighing on consumer sentiment. Investors remained concerned about central banks tightening policy too aggressively while fighting inflation and causing a recession. The S&P 500 is down more than 2% so far this week and remains in a bear market, closing down just over 20% from its latest peak on Tuesday.

Technical analysis

USA500 Analysis Technical analysis 29/06/2022
Time Frame: 1 hour

USA500 Support & Resistance Table - 29/06/2022

Support & Resistance Level Explanation
Resistance 2 3888.52 Daily R2
Resistance 1 3858.33 Daily R1
Support 1 3777.83 Daily S1
Support 2 3747.64 Daily S2

USA500 Indicator Table - 29/06/2022

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

USA500 Indicator / Period Table - 29/06/2022

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

USA500 29/06/2022 - Reference Price : 3818.08

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