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 16/01/2024

Fundamental analysis

16 January, 2024

The USA500 is trading currently at 4,754.

US stock markets were closed yesterday for Martin Luther King Day.

U.S. stock futures were lower Monday night as Wall Street awaits December retail sales data due Wednesday and bank earnings that will provide a better picture of the state of the American consumer.

In addition, markets will patiently be awaiting further Fed cues this week and several Fed officials are set to deliver speeches which could provide further guidance as to when the Fed expects to start cutting interest rates.

Technical analysis

USA500 Analysis Technical analysis 16/01/2024
Time Frame: 1 hour

USA500 Support & Resistance Table - 16/01/2024

Support & Resistance Level Explanation
Resistance 2 4817.90 Daily R2
Resistance 1 4806.62 Daily R1
Support 1 4776.54 Daily S1
Support 2 4765.26 Daily S2

USA500 Indicator Table - 16/01/2024

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

USA500 Indicator / Period Table - 16/01/2024

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

USA500 16/01/2024 - Reference Price : 4791.58

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