NEWS: USA100 price is falling -1.0%. The Tech heavy USA100 is falling this afternoon as long term treasury yields are inching higher, causing investors to trade out of interest rate sensitive growth and momentum issues.
Possible Scenarios:
If USA100 fails to breach through S2 of 13959.21, our Research Department expects the USA100 to undergo a short-term upward correction.
If USA100 manages to break below its S2 of 13959.21, our Research Department expects the USA100 to extend its losses to its S3 of 13900.8.
Support and Resistance Levels:
USA100 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
13900.80 |
13959.21 |
14017.62 |
14095.50 |
14173.38 |
14231.79 |
14290.20 |
Potential Profit or Potential Loss Calculations:
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
(+/-) $119.07 |
(+/-) €100 |
(+/-) £71.97 |
*1 trading lot is equivalent of 10 units
**EUR/USD = 1.19066
***GBP/USD = 1.38946
Calculations for exchange rate used as of 14:40 (GMT+1) 21/06/2021