CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

USA500 Analysis

US Session Analysis for CFD Instruments 21/05/2021

Fundamental analysis

21 May, 2021

U.S. stock futures edged up Friday ahead of fresh data on manufacturing and services sectors that will provide more insights into the pace of the economic recovery. Futures tied to the S&P 500 ticked up 0.2%, suggesting that the broad market gauge may end the week on a tepid note after dropping 0.4% by the close on Thursday. Nasdaq-100 futures edged up 0.3% Friday, pointing to big technology stocks sealing their best week since mid April. Stocks have ground lower this week on mounting concern that inflation will rise and remain elevated as the economy rebounds. Sentiment reversed on Thursday after initial jobless claims, seen as a proxy for layoffs, fell to a new pandemic low. Investors have poured back into risky assets including growth stocks and cryptocurrencies, prompting prices to rebound from the week’s lows.

Technical analysis

USA500 Analysis Technical analysis 21/05/2021
Time Frame: 1 hour

USA500 Support & Resistance Table - 21/05/2021

Support & Resistance Level Explanation
Resistance 2 4209.90 Daily R2
Resistance 1 4190.58 Daily R1
Support 1 4139.06 Daily S1
Support 2 4119.74 Daily S2

USA500 Indicator Table - 21/05/2021

Indicator Signal
SMA 20 Buy
SMA 50 Buy
SMA 100 Buy
MACD( 12;26;9) Sell
RSI (14) Buy
Stochastic ( 9;6;3) Buy

USA500 Indicator / Period Table - 21/05/2021

Indicator / Period Day - BuyWeek - BuyMonth - Buy
MACD( 12;26;9) Sell BuyBuy
RSI (14) Buy BuyBuy
SMA 20 Buy BuyBuy

USA500 21/05/2021 - Reference Price : 4164.82

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (2)Sell (1)
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