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

EU Session Analysis for CFD Instruments 27/02/2023

Fundamental analysis

27 February, 2023

Wall Street closed well down on Friday, dragging all three main stock indexes to their biggest weekly drop of 2023, as investors braced for the possibility of more aggressive rate hikes from the U.S. Federal Reserve as U.S. economic data pointed to resilient consumers. All three indexes posted weekly declines of around 3%, with the blue-chip Dow Jones Industrial Average on track for its biggest weekly decline in five months. Data on Friday showed the personal consumption expenditures (PCE) price index, the Fed's preferred inflation gauge, shot up 0.6% last month after gaining just 0.2% in December. Megacap stocks including Tesla Inc, Amazon.com Inc and Nvidia Corp slid as Treasury yields rose.

Technical analysis

USA500 Analysis Technical analysis 27/02/2023
Time Frame: 1 hour

USA500 Support & Resistance Table - 27/02/2023

Support & Resistance Level Explanation
Resistance 2 4013.34 Daily R2
Resistance 1 3997.34 Daily R1
Support 1 3954.66 Daily S1
Support 2 3938.66 Daily S2

USA500 Indicator Table - 27/02/2023

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

USA500 Indicator / Period Table - 27/02/2023

Indicator / Period Day - SellWeek - BuyMonth - Sell
MACD( 12;26;9) Sell BuyBuy
RSI (14) Neutral NeutralNeutral
SMA 20 Sell BuySell

USA500 27/02/2023 - Reference Price : 3981.70

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