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 27/12/2023

Fundamental analysis

27 December, 2023

The USA500 is trading at 4,780.

Wall Street stocks advanced Tuesday on continued positive momentum, extending a banner stretch in light trading following the Christmas holiday. Equities were in positive territory the entire session as traders settled in for an expected "Santa Claus rally" in the historically strong period of the calendar.

The Dow Jones Industrial Average advanced 0.4 per cent to 37,545.33. The broad-based S&P 500 also gained 0.4 per cent to 4,774.75, while the tech-rich Nasdaq Composite Index climbed 0.5 per cent to 14,074.57.

Technical analysis

USA500 Analysis Technical analysis 27/12/2023
Time Frame: 1 hour

USA500 Support & Resistance Table - 27/12/2023

Support & Resistance Level Explanation
Resistance 2 4851.58 Daily R2
Resistance 1 4839.58 Daily R1
Support 1 4807.58 Daily S1
Support 2 4795.58 Daily S2

USA500 Indicator Table - 27/12/2023

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

USA500 Indicator / Period Table - 27/12/2023

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

USA500 27/12/2023 - Reference Price : 4823.58

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