NEWS: USA 500 price is falling -1.2% following worsening US labor market conditions as well as the longest government shutdown in history still continuing
Possible Scenarios:
If USA500 fails to breach through S2 of 6681.98, our Research Department expects the USA500 to undergo a short- term upward correction.
If USA500 manages to break below its S2 of 6681.98, our Research Department expects the USA500 to extend its losses to its S3 of 6655.40
Support and Resistance Levels:
|
USA500 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
6655.40 |
6681.98 |
6708.56 |
6744.00 |
6779.44 |
6806.02 |
6832.60 |
Potential Profit or Potential Loss Calculations:
|
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
|
(+/-) $100 |
(+/-) €86.41 |
(+/-) £65.76 |
*1 trading lot is equivalent of 10 units
**EUR/USD = 1.15725
***GBP/USD = 1.31414
Calculations for exchange rate used as of Friday, November 7, 2025, 14:55 GMT