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 29/09/2021

Fundamental analysis

29 September, 2021

Wall Street stocks ended sharply lower on Tuesday in a broad sell-off driven by rising U.S. Treasury yields, deepening concerns over persistent inflation, and contentious debt ceiling negotiations in Washington. U.S. Treasury yields continued rising, to the highest level since June, as inflation expectations heated up and fears grew that the U.S. Federal Reserve could shorten its timeline for tightening its monetary policy. Treasury Secretary Janet Yellen said she expected inflation to end 2021 near 4% and warned lawmakers their failure to avert a government shutdown as the nation moves closer to exhausting its borrowing capabilities could cause “serious harm” to the economy. Senate Republicans appeared set to strike down Democrats’ efforts to extend the government’s borrowing authority and avoid a potential U.S. credit default.

Technical analysis

USA500 Analysis Technical analysis 29/09/2021
Time Frame: 1 hour

USA500 Support & Resistance Table - 29/09/2021

Support & Resistance Level Explanation
Resistance 2 4416.14 Daily R2
Resistance 1 4395.42 Daily R1
Support 1 4340.18 Daily S1
Support 2 4319.46 Daily S2

USA500 Indicator Table - 29/09/2021

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

USA500 Indicator / Period Table - 29/09/2021

Indicator / Period Day - SellWeek - SellMonth - Buy
MACD( 12;26;9) Neutral SellBuy
RSI (14) Sell SellBuy
SMA 20 Sell SellNeutral

USA500 29/09/2021 - Reference Price : 4367.80

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