NEWS: USA100 price is falling -0.8%. The USA100 is selling off as investors are starting to get nervous about the state of the economy after the various government support programs have come to a close.
Possible Scenarios:
If USA100 fails to breach through S2 of 15418.80, our Research Department expects the USA100 to undergo a short-term upward correction.
If USA100 manages to break below its S2 of 15418.80, our Research Department expects the USA100 to extend its losses to its S3 of 15377.35.
Support and Resistance Levels:
USA100 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
15377.35 |
15418.80 |
15460.24 |
15515.50 |
15570.76 |
15612.21 |
15653.65 |
Potential Profit or Potential Loss Calculations:
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
(+/-) $117.95 |
(+/-) €100 |
(+/-) £72.3 |
*1 trading lot is equivalent of 10 units
**EUR/USD = 1.17946
***GBP/USD = 1.38311
Calculations for exchange rate used as of 14:47 (GMT+1) 13/09/2021