CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% 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 01/10/2024

Fundamental analysis

01 October, 2024

The USA500 is currently trading above 5,800 levels.

The S&P 500 ended slightly higher on Monday after briefly falling as Federal Reserve Chair Jerome Powell said the U.S. central bank is not in a hurry to lower interest rates and he sees two more cuts, totaling 50 basis points, this year as a baseline if the economy evolves as expected

On Monday the S&P 500 increased 0.42%, the Nasdaq 100 climbed 0.38%, while the Dow Jones was up 0.04%.

Technical analysis

USA500 Analysis Technical analysis 01/10/2024
Time Frame: 1 hour

USA500 Support & Resistance Table - 01/10/2024

Support & Resistance Level Explanation
Resistance 2 5841.34 Daily R2
Resistance 1 5827.94 Daily R1
Support 1 5792.22 Daily S1
Support 2 5778.82 Daily S2

USA500 Indicator Table - 01/10/2024

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 - 01/10/2024

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

USA500 01/10/2024 - Reference Price : 5810.08

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