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. 70.41% 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 12/06/2024

Fundamental analysis

12 June, 2024

The USA500 is currently trading above 5,300 levels.

U.S. stock futures showed little movement on Wednesday ahead of the highly awaited Federal Reserve interest rate decision and the release of new inflation data from the world's largest economy.

Dow futures had risen by 30 points or 0.1%, while S&P 500 and Nasdaq 100 futures remained largely unchanged.

The S&P 500 and Nasdaq Composite achieved record high closes for a second day in a row on Tuesday, partly driven by a surge in Apple shares.

Technical analysis

USA500 Analysis Technical analysis 12/06/2024
Time Frame: 1 hour

USA500 Support & Resistance Table - 12/06/2024

Support & Resistance Level Explanation
Resistance 2 5423.27 Daily R2
Resistance 1 5408.83 Daily R1
Support 1 5370.33 Daily S1
Support 2 5355.89 Daily S2

USA500 Indicator Table - 12/06/2024

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 - 12/06/2024

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

USA500 12/06/2024 - Reference Price : 5389.58

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