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 29/12/2023

Fundamental analysis

29 December, 2023

The USA500 is trading at 4,789.

US stocks closed mixed on Thursday, and the S&P 500 stopped just shy of a new all-time high as the Santa Claus rally has yet to push the benchmark index past the milestone.

The S&P 500 remains within a whisker of its January 3, 2022 closing high of 7,796.56, but is closing out a banner year. It's up nearly 25% as investors spent much of 2023 cheering the strength of America's economy and laying bets in the latter part of the year that the Federal Reserve is poised to cut interest rates in early 2024.

Technical analysis

USA500 Analysis Technical analysis 29/12/2023
Time Frame: 1 hour

USA500 Support & Resistance Table - 29/12/2023

Support & Resistance Level Explanation
Resistance 2 4852.04 Daily R2
Resistance 1 4845.30 Daily R1
Support 1 4827.34 Daily S1
Support 2 4820.60 Daily S2

USA500 Indicator Table - 29/12/2023

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 - 29/12/2023

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

USA500 29/12/2023 - Reference Price : 4836.32

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