CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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 06/11/2023

Fundamental analysis

06 November, 2023

The USA500 is trading at 4,367.
U.S. stock futures nudged higher early Monday, as hopes the Federal Reserve has finished raising borrowing costs continued to underpin sentiment.
Futures indicate stocks will look on Monday to extend their latest rally, though additional gains will be meagre.
The S&P 500 rose 5.85% last week, the best weekly gain in nearly a year, after comments from Federal Reserve Chairman Jay Powell and signs of a cooling labour market forced bond yields sharply lower as expectations grew that the U.S. central bank was finished raising interest rates in this cycle.
The benchmark 10-year U.S. Treasury yield which just a few weeks ago had traded at a fresh 16-year high above 5%, at one point on Friday dipped below 4.5%.

Technical analysis

USA500 Analysis Technical analysis 06/11/2023
Time Frame: 1 hour

USA500 Support & Resistance Table - 06/11/2023

Support & Resistance Level Explanation
Resistance 2 4429.91 Daily R2
Resistance 1 4411.09 Daily R1
Support 1 4360.91 Daily S1
Support 2 4342.09 Daily S2

USA500 Indicator Table - 06/11/2023

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 - 06/11/2023

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

USA500 06/11/2023 - Reference Price : 4385.08

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (2)Sell (1)
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USA500 Chart
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