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 10/08/2021

Fundamental analysis

10 August, 2021

The S&P 500 dipped on Monday, as fuel demand worries during a resurgent pandemic sent energy stocks lower but rising U.S. Treasury yields lifted financials stocks, keeping Wall Street’s benchmark index near record levels. China reported more COVID-19 infections, while U.S. cases and hospitalizations were at a six-month high as the Delta variant spread. Investors will watch U.S. inflation readings this week for hints about the path of Federal Reserve policy. On Monday, Atlanta Fed president Raphael Bostic said the United States should be well past the pandemic crisis before the central bank raises rates. Later this month, a meeting of Fed leaders in Jackson Hole, Wyoming is expected to provide insight into the central bank’s potential plan to begin tapering its bond purchases.

Technical analysis

USA500 Analysis Technical analysis 10/08/2021
Time Frame: 1 hour

USA500 Support & Resistance Table - 10/08/2021

Support & Resistance Level Explanation
Resistance 2 4440.83 Daily R2
Resistance 1 4432.42 Daily R1
Support 1 4409.98 Daily S1
Support 2 4401.57 Daily S2

USA500 Indicator Table - 10/08/2021

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 - 10/08/2021

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

USA500 10/08/2021 - Reference Price : 4420.32

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