NEWS: USA500 price is falling -0.7% as Microsoft's stock plunges following concerns of slowing cloud growth and high capital expenditures.
Possible Scenarios:
If USA500 fails to breach through S1 of 6949.19, our Research Department expects the USA500 to undergo a short- term upward correction.
If USA500 manages to break below its S1 of 6949.19, our Research Department expects the USA500 to extend its losses to its S2 of 6932.08
Support and Resistance Levels:
|
USA500 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
6914.97 |
6932.08 |
6949.19 |
6972.00 |
6994.81 |
7011.92 |
7029.03 |
Potential Profit or Potential Loss Calculations:
|
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
|
(+/-) $100 |
(+/-) €83.56 |
(+/-) £60.44 |
|||
*1 trading lot is equivalent of 10 units
**EUR/USD = 1.19674
***GBP/USD = 1.38255
Calculations for exchange rate used as of Thursday, January 29, 2026, 15:00: GMT