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 07/12/2022

Fundamental analysis

07 December, 2022

Wall Street closed lower on Tuesday, with the S&P 500 declining for the fourth straight session, as skittish investors fretted over Federal Reserve rate hikes and further talk of a looming recession. Future economic growth prospects were in focus on Tuesday following comments from financial titans pointing toward uncertain times ahead. Bank of America Corp's chief executive predicted three quarters of mild negative growth next year, while JPMorgan Chase and Co's CEO Jamie Dimon said inflation will erode consumer spending power and that a mild to more pronounced recession was likely ahead.

Technical analysis

USA500 Analysis Technical analysis 07/12/2022
Time Frame: 1 hour

USA500 Support & Resistance Table - 07/12/2022

Support & Resistance Level Explanation
Resistance 2 4010.59 Daily R2
Resistance 1 3982.95 Daily R1
Support 1 3909.21 Daily S1
Support 2 3881.57 Daily S2

USA500 Indicator Table - 07/12/2022

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

USA500 Indicator / Period Table - 07/12/2022

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

USA500 07/12/2022 - Reference Price : 3946.08

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