NEWS: US100 price is falling -1.0% after ISM Manufacturing PMI in the US came in lower than expected.
Possible Scenarios:
If USA100 fails to breach through S2 of 19241.38, our Research Department expects USA100 to undergo a short- term upward correction.
If USA100 manages to break below its S2 of 19241.38, our Research Department expects USA100 to extend its losses to its S3 of 19137.40.
Support and Resistance Levels:
USA100 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
19137.40 |
19241.38 |
19345.36 |
19484.00 |
19622.64 |
19726.62 |
19830.60 |
Potential Profit or Potential Loss Calculations:
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
(+/-) $110.6 |
(+/-) €100 |
(+/-) £76.22 |
*1 trading lot is equivalent of 10 units
**EUR/USD = 1.10603
***GBP/USD = 1.31204
Calculations for exchange rate used as of Tuesday, September 3, 2024, 15:06 GMT+1