Yesterday the American indices showed mixed sentiment. Today all three of them are going down, though. What can they do next? Let’s try to answer that question in an analysis, S&P 500 first:
S&P 500
The S&P 500 showed mixed sentiment yesterday. The price finished the session a little below 3670. Today, it is going down, though. If the buyers don’t generate some serious appetite soon, the price could drop below the S1 support level and 3620. But if they do, the price might return above 3660.
NASDAQ 100
NASDAQ 100 also showed mixed sentiment yesterday. The price finished the session at 11360. Today, it is going down, though. The price is already below the S1 support level and 11200. If the buyers don’t generate some serious appetite soon, the price could drop to 11100. But if they do, the price might return above 11300.
Dow Jones Industrial Average
The DJIA index showed mixed sentiment yesterday as well. The price finished the session a little below 29250. Today, it is going down, though. If the buyers don’t generate some serious appetite soon, the price could drop below the S1 support level and 28900. But if they do, the price might return above 29200.
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