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 11/02/2021

Fundamental analysis

11 February, 2021

The S&P 500 and the Nasdaq edged slightly lower on Wednesday as big tech stocks slid amid an ongoing rotation of portfolio holdings that gave a boost to energy shares and kept the overall market near record highs. A wave of selling in high-riding Tesla Inc, down 5.3%, and declines of less than 1% in Amazon.com Inc, Microsoft Corp and Apple Inc, pulled the Nasdaq down and weighed the most on the S&P 500. CPI numbers in the United States were slightly weaker than expected. Core CPI came in at 0.0% Month-over-Month, and 1.4%, Year-over-Year. Analysts had been expecting 0.2% and 1.5% respectively.

Technical analysis

USA500 Analysis Technical analysis 11/02/2021
Time Frame: 1 hour

USA500 Support & Resistance Table - 11/02/2021

Support & Resistance Level Explanation
Resistance 2 3926.27 Daily R2
Resistance 1 3918.36 Daily R1
Support 1 3897.28 Daily S1
Support 2 3889.37 Daily S2

USA500 Indicator Table - 11/02/2021

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 - 11/02/2021

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

USA500 11/02/2021 - Reference Price : 3907.82

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