NEWS: USA100 price is falling -2.7%. The USA100 and other American stock indices are tumbling due to rising U.S. treasury yields. The yield on the 10-year U.S. Treasury Note is now over 1.80%.
Possible Scenarios:
If USA100 fails to breach through S2 of 15132.39, our Research Department expects the USA100 to undergo a short-term upward correction.
If USA100 manages to break below its S2 of 15132.39, our Research Department expects the USA100 to extend its losses to its S3 of 15039.12.
Support and Resistance Levels:
USA100 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
15039.12 |
15132.39 |
15225.65 |
15350.00 |
15474.35 |
15567.61 |
15660.88 |
Potential Profit or Potential Loss Calculations:
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
(+/-) $113.05 |
(+/-) €100 |
(+/-) £73.84 |
*1 trading lot is equivalent of 10 units
**EUR/USD = 1.13050
***GBP/USD = 1.35425
Calculations for exchange rate used as of 15:25 (GMT) 10/01/2022