CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% 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. 67.52% 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 23/07/2021

Fundamental analysis

23 July, 2021

Big tech pushed Wall Street to a higher close on Thursday, modestly building on a two-day rally as lackluster economic data and mixed corporate earnings sent investors back to growth stocks. But megacap tech and tech-adjacent stocks such as Apple Inc, Amazon.com, Facebook Inc, Google-owner Alphabet Inc and Microsoft Corp rose ahead of their quarterly results next week, putting the Nasdaq out front. All three major U.S. stock indexes ended the session within 1% of their record closing highs. American Airlines Group Inc dipped even after reporting a quarterly profit and better than expected results.

Technical analysis

USA500 Analysis Technical analysis 23/07/2021
Time Frame: 1 hour

USA500 Support & Resistance Table - 23/07/2021

Support & Resistance Level Explanation
Resistance 2 4410.39 Daily R2
Resistance 1 4392.90 Daily R1
Support 1 4346.26 Daily S1
Support 2 4328.77 Daily S2

USA500 Indicator Table - 23/07/2021

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 - 23/07/2021

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

USA500 23/07/2021 - Reference Price : 4369.58

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