November 27, 2024
NEWS: USA100 price is falling 0.80% on profit taking ahead of Thanksgiving Day Holiday tomorrow.
Possible Scenarios:
If USA100 fails to breach through S2 of 20719.74, our Research Department expects the USA100 to undergo a short- term upward correction.
If USA100 manages to break below its S2 of 20719.74, our Research Department expects the USA100 to extend its losses to its S3 of 20629.20.
Support and Resistance Levels:
|
USA100 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
20629.20 |
20719.74 |
20810.28 |
20931.00 |
21051.72 |
21142.26 |
21232.80 |
Potential Profit or Potential Loss Calculations:
|
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
|
(+/-) $105.37 |
(+/-) €100 |
(+/-) £79.13 |
*1 trading lot is equivalent of 10 units
**EUR/USD= 1.05367
***GBP/USD= 1.26370
Calculations for exchange rate used as of Wednesday, November 27, 2024, 15:17 GMT
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