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 28/02/2023

Fundamental analysis

28 February, 2023

U.S. stocks eked out a slight gain on Monday as investors engaged in some bargain hunting after last week's losses, the biggest percentage declines of 2023 for Wall Street's main benchmarks, as jitters persisted about coming interest rate hikes to tame stubbornly high inflation. Economists at UK-based banks Barclays and NatWest believe the Fed could ramp up the pace of its interest-rate rises in March with a half-point hike. Morgan Stanley said it no longer sees a cut by the Fed this year and expects a slower pace of 25 basis points when the central bank does begin lowering rates. Easing yields helped growth stocks rebound while Tesla jumped after the electric automaker said its plant in Brandenburg near Berlin was producing 4,000 cars a week, three weeks ahead of schedule according to a recent production plan reviewed by Reuters.

Technical analysis

USA500 Analysis Technical analysis 28/02/2023
Time Frame: 1 hour

USA500 Support & Resistance Table - 28/02/2023

Support & Resistance Level Explanation
Resistance 2 4033.03 Daily R2
Resistance 1 4015.02 Daily R1
Support 1 3966.98 Daily S1
Support 2 3957.97 Daily S2

USA500 Indicator Table - 28/02/2023

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 - 28/02/2023

Indicator / Period Day - SellWeek - BuyMonth - Sell
MACD( 12;26;9) Sell BuyBuy
RSI (14) Sell NeutralNeutral
SMA 20 Sell BuySell

USA500 28/02/2023 - Reference Price : 3989.58

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