NEWS: USA 500 is falling -0.6% following news that Microsoft has lowered its AI sales quotas
Possible Scenarios:
If USA500 fails to breach through S1 of 6799.84, our Research Department expects the USA500 to undergo a short- term upward correction.
If USA500 manages to break below its S1 of 6799.84, our Research Department expects the USA500 to extend its losses to its S2 of 6786.79
Support and Resistance Levels:
|
USA500 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
6773.74 |
6786.79 |
6799.84 |
6817.24 |
6834.64 |
6847.69 |
6860.74 |
Potential Profit or Potential Loss Calculations:
|
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
|
(+/-) $100 |
(+/-) €85.75 |
(+/-) £64.4 |
*1 trading lot is equivalent of 10 units
**EUR/USD = 1.16624
***GBP/USD = 1.33141
Calculations for exchange rate used as of Wednesday, December 3, 2025, 15:05 GMT