NEWS: USA500 price is increasing 0.4%, reaching new all time highs, on rising chances for more aggresive interest rate cuts by the FED by the end of the year
Possible Scenarios:
If USA500 fails to breach through R2 of 6585.61, our Research Department expects the USA500 to undergo a short- term downward correction.
If USA500 manages to break above its R2 of 6585.61, our Research Department expects the USA500 to extend its gains to its R3 of 6601.73.
Support and Resistance Levels:
USA500 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
6494.27 |
6510.39 |
6526.51 |
6548.00 |
6569.49 |
6585.61 |
6601.73 |
Potential Profit or Potential Loss Calculations:
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
(+/-) $100 |
(+/-) €85.16 |
(+/-) £62.81 |
*1 trading lot is equivalent of 10 units
**EUR/USD = 1.17433
***GBP/USD = 1.35569
Calculations for exchange rate used as of Thursday, September 11, 2025, 15:10 GMT+1