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 04/12/2023

Fundamental analysis

04 December, 2023

The USA500 is trading at 4,584.

Stock futures fell in overnight trading Sunday after the S&P 500 reached a new 2023 high following a five-week win streak.

Futures on the Dow Jones Industrial Average and S&P 500 futures were both down 0.02% and 0.17%. Nasdaq 100 futures inched 0.37% lower.

The latest leg up came as investors increasingly bet that the Federal Reserve will stay put at its policy meeting this month and start cutting rates next year. The market turned a blind eye to Fed Chairman Jerome Powell’s effort to tame rate-cut expectations, saying it’s “premature” to anticipate easing in policy.

Technical analysis

USA500 Analysis Technical analysis 04/12/2023
Time Frame: 1 hour

USA500 Support & Resistance Table - 04/12/2023

Support & Resistance Level Explanation
Resistance 2 4616.34 Daily R2
Resistance 1 4606.26 Daily R1
Support 1 4579.38 Daily S1
Support 2 4569.30 Daily S2

USA500 Indicator Table - 04/12/2023

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 - 04/12/2023

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

USA500 04/12/2023 - Reference Price : 4592.82

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