Index
SPX500 — S&P 500
0.4 – 1.5 points · 40 – 90 points
SPX500 is the global benchmark for equity risk. It is the smoothest of the US indices technically and the reference point for risk sentiment across all markets.
Risk first
Numbers below are typical ranges, not guarantees — spreads, swaps and volatility differ per broker and market regime. Size every position from your stop distance and account risk, never from a fixed lot habit.
Contract specifications
| Spec | Value |
|---|---|
| Contract size | 1.00 lot = 1 USD per point (broker dependent) |
| Pip / tick value | 0.1 point → 0.1 USD / 1.00 lot |
| Typical spread | 0.4 – 1.5 points |
| Typical daily range | 40 – 90 points |
| Best trading hours | US cash session 14:30–21:00 UTC |
What moves this market
- ▸Fed policy and macro data
- ▸Earnings season breadth
- ▸Options positioning and gamma effects
Correlations to watch
- ▸Extremely high to US30 and NAS100
- ▸Negative to the VIX
How traders approach it
- ▸Trend following on H1 with daily bias
- ▸Level-based intraday trades around prior-day high/low
- ▸Use as the sentiment filter for FX risk pairs
Typical mistakes
- ▸Trading all three US indices as separate positions
- ▸Ignoring the cash-session boundaries
Related instruments
Analyse it in FX CURIO
Run an AI chart analysis on this instrument, size the position from your stop and check news and correlation risk before you click buy.