CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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. 70.91% 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 all your money. Read full risk warning.

USA500 Analysis

EU Session Analysis for CFD Instruments 15/05/2023

Fundamental analysis

15 May, 2023

The S&P 500 and Nasdaq indexes rose on Wednesday, helped by a slightly lower-than-expected increase in April inflation and Alphabet Inc's latest artificial intelligence rollout. The Labor Department's Consumer Price Index (CPI) rose 4.9% in April from a year ago, compared with expectations of a 5% increase, raising hopes that the Federal Reserve's interest rate hiking cycle is close to an end. The Nasdaq was helped by a climb in Alphabet as the company rolled out more artificial intelligence for its core search product in response to competition from Microsoft Corp.

Technical analysis

USA500 Analysis Technical analysis 15/05/2023
Time Frame: 1 hour

USA500 Support & Resistance Table - 15/05/2023

Support & Resistance Level Explanation
Resistance 2 4178.55 Daily R2
Resistance 1 4164.60 Daily R1
Support 1 4127.40 Daily S1
Support 2 4113.45 Daily S2

USA500 Indicator Table - 15/05/2023

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 - 15/05/2023

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

USA500 15/05/2023 - Reference Price : 4148.32

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