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 19/04/2021

Fundamental analysis

19 April, 2021

The three main Wall Street indexes ended Friday higher for the day and week, with the S&P 500 and the Dow breaking closing records, as investors took strong economic data and bank earnings as signs of momentum in the U.S. pandemic rebound.The S&P 500 and the blue-chip Dow Jones Industrial Average recorded their fourth straight week of gains, while the technology-heavy Nasdaq finished less than one percent below its own all-time closing high achieved on Feb. 12. Further buoyant bank earnings came on Friday from Morgan Stanley, which reported a 150% jump in quarterly profit, joining JPMorgan Chase & Co, Goldman Sachs Group Inc and Bank of America in reinforcing hopes of a swift economic recovery.The Federal Reserve’s pledge to keep interest rates low despite higher inflation has also revived demand for richly valued technology stocks, although bond yields edged higher again on Friday after hitting multi-week lows a day earlier.

Technical analysis

USA500 Analysis Technical analysis 19/04/2021
Time Frame: 1 hour

USA500 Support & Resistance Table - 19/04/2021

Support & Resistance Level Explanation
Resistance 2 4190.23 Daily R2
Resistance 1 4181.70 Daily R1
Support 1 4158.94 Daily S1
Support 2 4150.41 Daily S2

USA500 Indicator Table - 19/04/2021

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

USA500 Indicator / Period Table - 19/04/2021

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

USA500 19/04/2021 - Reference Price : 4170.32

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (2)Sell (1)
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