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

EU Session Analysis for CFD Instruments 01/04/2021

Fundamental analysis

01 April, 2021

The S&P 500 closed higher on Wednesday, boosted by gains in technology shares, and the three major Wall Street indexes registered their fourth straight quarterly rise Investors awaited details of President Joe Biden’s massive infrastructure plan. The $3 trillion-$4 trillion package will target traditional projects like roads and bridges alongside investments in the electric vehicle market. Pending Home Sales for February fell 10.6%, Month-over-Month. The consensus forecast was a drop of 2.6%. ADP Nonfarm Employment Change for March printed at 517,000 new jobs. Analysts were expecting 550,000.

Technical analysis

USA500 Analysis Technical analysis 01/04/2021
Time Frame: 1 hour

USA500 Support & Resistance Table - 01/04/2021

Support & Resistance Level Explanation
Resistance 2 4006.34 Daily R2
Resistance 1 3991.33 Daily R1
Support 1 3951.31 Daily S1
Support 2 3936.30 Daily S2

USA500 Indicator Table - 01/04/2021

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 - 01/04/2021

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

USA500 01/04/2021 - Reference Price : 3971.32

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