The USA500 is navigating levels beneath the 5,200 mark in current trading.

Tuesday’s evening session saw U.S. stock index futures experiencing slight fluctuations, finding their footing after a subdued beginning to Wall Street’s second quarter.

The landscape of investor sentiment is currently clouded by the indeterminate future of the Federal Reserve’s interest rate decisions and the awaited release of crucial payroll figures.

A trend of profit realization has become evident within several of the previously soaring sectors, with the technology sector standing out after its significant contributions to pushing U.S. stock indexes to new highs in the previous quarter.

In terms of specific movements, the S&P 500 Futures retracted by 0.02%, Nasdaq 100 Futures saw a minor pullback of 0.01%, and Dow Jones Futures fell by 0.04%.

Technical analysis

USA500 Analysis Technical analysis 03/04/2024

Time Frame: 1 hour

USA500 Support & Resistance Table – 03/04/2024

Support & ResistanceLevelExplanation
Resistance 25280.49Daily R2
Resistance 15267.85Daily R1
Support 15234.15Daily S1
Support 25221.51Daily S2

USA500 Indicator Table – 03/04/2024

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

USA500 Indicator / Period Table – 03/04/2024

Indicator / PeriodDay – SellWeek – BuyMonth – Buy
MACD( 12;26;9)SellBuyBuy
RSI (14)SellBuyBuy
SMA 20SellBuyBuy

USA500 03/04/2024 – Reference Price : 5248.58

SELLSimple Moving AverageBuy (0)Sell (3)Technical Indicators – OscillatorsBuy (0)Sell (3)