NEWS: USA100 price is falling -1.4%. The USA100 is falling while the USA30 is rising as investors rotate out of growth stocks and into value stocks.
Possible Scenarios:
If USA100 fails to breach through S2 of 15642.26, our Research Department expects the USA100 to undergo a short-term upward correction.
If USA100 manages to break below its S2 of 15642.26, our Research Department expects the USA100 to extend its losses to its S3 of 15536.45.
Support and Resistance Levels:
USA100 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
15536.45 |
15642.26 |
15748.06 |
15889.13 |
16030.20 |
16136.00 |
16241.81 |
Potential Profit or Potential Loss Calculations:
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
(+/-) $114.68 |
(+/-) €100 |
(+/-) £72.8 |
*1 trading lot is equivalent of 10 units
**EUR/USD = 1.14681
***GBP/USD = 1.37370
Calculations for exchange rate used as of 16:21 (GMT) 12/01/2022