USA500 price is falling -0.4%
October 23, 2026
NEWS: USA500 price is falling -0.4% as concerns over the high costs of AI development and rising oil prices continue to weigh on equity markets.
Possible Scenarios:
If USA500 fails to breach through S1 of 7622.11, our Analysis Department expects USA500 to undergo a short- term upward correction.
If USA500 manages to break below its S1 of 7622.11, our Analysis Department expects the USA500 to extend its losses to its S2 of 7596.69
Support and Resistance Levels:
|
USA500 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
7571.27 |
7596.69 |
7622.11 |
7656.00 |
7689.89 |
7715.31 |
7740.73 |
Potential Profit or Potential Loss Calculations:
|
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
|
(+/-) 100 |
(+/-) 89.26 |
(+/-) 74.75 |
*1 trading lot is equivalent of 10 units
**EUR/USD = 1.12031
***GBP/USD = 1.33772
Calculations for exchange rate used as of Friday, October 23, 2026, 14:40 GMT+1