Yesterday all three American indices managed to rise a bit. Today they are showing mixed sentiment and the volatility is really low. What can they do next? Let’s try to answer that question in an analysis, S&P 500 first:
S&P 500
Yesterday the S&P 500 managed to rise a bit. The price finished the session slightly below 4390. Today it is showing mixed sentiment and the volatility is really low. If the buyers show their strength once again, the price might reach the R1 resistance level and 4420. But if the bears take control over the market, the price could drop below 4350.
NASDAQ 100
NASDAQ 100 also managed to rise a bit yesterday. The price finished the session a little above 14060. Today it is showing mixed sentiment and the volatility is really low. If the buyers show their strength once again, the price might reach the R1 resistance level and 14170. But if the bears take control over the market, the price could drop to the S1 support level. and reach 13850.
Dow Jones Industrial Average
The DJIA index managed to rise a bit yesterday as well. The price finished the session slightly above 34200. Today it is showing mixed sentiment and the volatility is really low. If the buyers show their strength once again, the price might reach 34400. But if the bears take control over the market, the price could drop below 34000.