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

EU Session Analysis for CFD Instruments 07/01/2021

Fundamental analysis

07 January, 2021

The USA500 index futures rose 0.7% in the early European trading session. The USA500 and other American equity indices rose once it became clear that the Democrats would win the last remaining Senate race and therefore gain control of the U.S. Senate. With full control of Congress and the White House, soon to be Senate Majority Leader Chuck Schumer tweeted, “Buckle up!” Washington watchers now expect to see an unprecedented wave of fiscal stimulus unleashed by the U.S. Federal Government. That has sent stocks as well as bond yields soaring. For the moment nobody seems to be considering the other side of the Democrats controlling both Congress and the White House which is more taxes. That includes corporate taxes, capital gains taxes, death taxes, and personal taxes. Plus, look for more regulations on business and commerce in the future.

Technical analysis

USA500 Analysis Technical analysis 07/01/2021
Time Frame: 1 hour

USA500 Support & Resistance Table - 07/01/2021

Support & Resistance Level Explanation
Resistance 2 3809.54 Daily R2
Resistance 1 3790.16 Daily R1
Support 1 3738.48 Daily S1
Support 2 3719.10 Daily S2

USA500 Indicator Table - 07/01/2021

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

USA500 Indicator / Period Table - 07/01/2021

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

USA500 07/01/2021 - Reference Price : 3764.32

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (2)Sell (0)
Share It With Your Network
USA500 Chart
Update Time: -
Highest
Lowest
1M 5M H D W
Prices are loading..
Ready for trading?Start Now