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May 29, 2026
NEWS: USA500 price is rising 0.5% to fresh new all-time highs as positive momentum continues in equity markets, further supported by reports that the U.S. and Iran have reached a deal pending Trump’s approval.
Possible Scenarios:
If USA500 fails to breach through R1 of 7630.50, our Analysis Department expects USA500 to undergo a short- term downward correction.
If USA500 manages to break above its R1 of 7630.50, our Analysis Department expects the USA500 to extend its gains to its R2 of 7646.63.
Support and Resistance Levels:
|
USA500 |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
7555.25 |
7571.37 |
7587.50 |
7609.00 |
7630.50 |
7646.63 |
7662.75 |
Potential Profit or Potential Loss Calculations:
|
10 points per 1 trading lot* |
USD |
EUR** |
GBP*** |
|
(+/-) 100 |
(+/-) 85.84 |
(+/-) 74.4 |
*1 trading lot is equivalent of 10 units
**EUR/USD = 1.16493
***GBP/USD = 1.34404
Calculations for exchange rate used as of Friday, May 29, 2026, 15:01 GMT+1