CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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 03/08/2022

Fundamental analysis

03 August, 2022

U.S. stock futures wobbled as investors digested comments from central bankers and ahead of fresh economic data on the services sector. Futures tied to the S&P 500 added 0.1%, pointing to the broad-market index hovering after it closed down 0.7% on Tuesday. Technology-heavy Nasdaq-100 futures were flat. Federal Reserve officials said the central bank was likely to continue raising interest rates at coming meetings, dampening hopes in markets that slowing economic growth could mean a change in policy. Stocks have also come under renewed pressure from geopolitical tensions, as U.S. House Speaker Nancy Pelosi met with Taiwan’s president despite warnings from China. The S&P 500 has lost nearly 1% this week so far.

Technical analysis

USA500 Analysis Technical analysis 03/08/2022
Time Frame: 1 hour

USA500 Support & Resistance Table - 03/08/2022

Support & Resistance Level Explanation
Resistance 2 4159.10 Daily R2
Resistance 1 4136.59 Daily R1
Support 1 4076.57 Daily S1
Support 2 4054.06 Daily S2

USA500 Indicator Table - 03/08/2022

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

USA500 Indicator / Period Table - 03/08/2022

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

USA500 03/08/2022 - Reference Price : 4106.58

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (2)Sell (1)
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