NEWS: USA100 price is falling -1.2%. The USA100 is falling this afternoon as investors are rotating from growth and technology stocks into value issues.
Possible Scenarios:
If USA100 fails to breach through S2 of 12861.99, our Research Department expects the USA100 to undergo a short-term upward correction.
If USA100 manages to break below its S2 of 12861.99, our Research Department expects the USA100 to extend its losses to its S3 of 12782.01
Support and Resistance Levels:
USA100 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
12782.01 |
12861.99 |
12941.98 |
13048.63 |
13155.28 |
13235.27 |
13315.25 |
Potential Profit or Potential Loss Calculations:
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
(+/-) $121.45 |
(+/-) €100 |
(+/-) £74.27 |
*1 trading lot is equivalent of 10 units
**EUR/USD = 1.21446
***GBP/USD = 1.34640
Calculations for exchange rate used as of 14:54 (GMT) 11/1/2021