NEWS: USA500 price is rising 1.1% as US markets recover from negative pressure driven by the war in the Middle East and rising oil prices.
Possible Scenarios:
If USA500 fails to breach through R1 of 6729.65, our Research Department expects the USA500 to undergo a short- term downward correction.
If USA500 manages to break above its R1 of 6729.65, our Research Department expects the USA500 to extend its gains to its R2 of 6770.64.
Support and Resistance Levels:
|
USA500 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
6538.38 |
6579.36 |
6620.35 |
6675.00 |
6729.65 |
6770.64 |
6811.62 |
Potential Profit or Potential Loss Calculations:
|
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
|
(+/-) $100 |
(+/-) €84.5 |
(+/-) £63.07 |
|||
*1 trading lot is equivalent of 10 units
**EUR/USD = 1.18345
***GBP/USD = 1.33967
Calculations for exchange rate used as of Monday, March 9, 2026, 15:15: GMT