CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% 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. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

USA500 Analysis

EU Session Analysis for CFD Instruments 15/01/2021

Fundamental analysis

15 January, 2021

Wall Street closed lower on Thursday after making a u-turn toward the end of the session as reports emerged about U.S. President-elect Joe Biden’s pandemic aid proposal following earlier data that showed a weakening labor market. While the S&P 500 lost a lot of steam toward the end of the day, it spent most of the session in positive territory as investors counted on Biden unveiling on Thursday evening a stimulus plan that could exceed $1.5 trillion. There were 965,000 new claims filed. Analysts had only expected 795,000. Continuing Jobless Claims were also worse than expected printing at nearly 5.3 million claims.

Technical analysis

USA500 Analysis Technical analysis 15/01/2021
Time Frame: 1 hour

USA500 Support & Resistance Table - 15/01/2021

Support & Resistance Level Explanation
Resistance 2 3797.64 Daily R2
Resistance 1 3786.15 Daily R1
Support 1 3755.49 Daily S1
Support 2 3744.00 Daily S2

USA500 Indicator Table - 15/01/2021

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

USA500 Indicator / Period Table - 15/01/2021

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

USA500 15/01/2021 - Reference Price : 3770.82

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