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 18/05/2021

Fundamental analysis

18 May, 2021

Wall Street stocks ended lower on Monday, weighed down by tech shares as signs of growing inflation worried investors about the potential for tighter monetary policy. The S&P 500 scored its biggest one-day jump in more than a month on Friday as investors picked up beaten-down stocks following a pullback earlier in the week on worries about inflation and a sooner-than-expected tightening by the U.S. Federal Reserve. Cryptocurrency-related stocks like Marathon Digital, Riot Blockchain and Coinbase fell as bitcoin swung in volatile trading after Tesla Inc boss Elon Musk tweeted about the carmaker’s bitcoin holdings. As the earnings season draws to a close Walmart is due to declare its earnings today.

Technical analysis

USA500 Analysis Technical analysis 18/05/2021
Time Frame: 1 hour

USA500 Support & Resistance Table - 18/05/2021

Support & Resistance Level Explanation
Resistance 2 4223.81 Daily R2
Resistance 1 4201.10 Daily R1
Support 1 4140.54 Daily S1
Support 2 4117.83 Daily S2

USA500 Indicator Table - 18/05/2021

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 - 18/05/2021

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

USA500 18/05/2021 - Reference Price : 4170.82

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