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 14/05/2024

Fundamental analysis

14 May, 2024

The USA500 is currently trading above 5,200 levels.

U.S. stock futures remained steady near the flatline on Tuesday as investors anticipated the release of crucial inflation data later in the week, which could influence the Federal Reserve's approach to future interest rate decisions.

Dow futures contract, S&P 500 futures, and Nasdaq 100 futures showed minimal change.

In the previous session, the main averages on Wall Street exhibited mixed performance, with the benchmark S&P 500 registering a slight decline of 0.02%. This cautious sentiment indicated that traders were exercising prudence ahead of Wednesday's release of April's consumer price index figures.

Technical analysis

USA500 Analysis Technical analysis 14/05/2024
Time Frame: 1 hour

USA500 Support & Resistance Table - 14/05/2024

Support & Resistance Level Explanation
Resistance 2 5269.14 Daily R2
Resistance 1 5259.26 Daily R1
Support 1 5232.90 Daily S1
Support 2 5223.02 Daily S2

USA500 Indicator Table - 14/05/2024

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 - 14/05/2024

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

USA500 14/05/2024 - Reference Price : 5246.08

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