Yesterday the American indices performed differently. The S&P 500 and the Dow Jones Industrial Average managed to rise, but the NASDAQ 100 showed mixed sentiment. Today, the S&P 500 and the NASDAQ 100 are showing mixed sentiment, but the DJIA index is rising slowly. 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 managed to rise a bit yesterday. The price finished the session slightly above 3850. Today it is showing mixed sentiment. If the buyers show their strength, the price might go up above 3880 today. But if the bears take control over the market, the price could drop below 3830.
NASDAQ 100
NASDAQ 100 showed mixed sentiment yesterday. The price finished the session a little above 11470. Today it is still showing mixed sentiment. If the buyers show their strength, the price might rise above the Pivot Point and reach 11550. But if the bears take control over the market, the price could drop below the EMA 200 and 11400.
Dow Jones Industrial Average
The DJIA index was the strongest one yesterday. The price rose significantly and finished the session a little below 32000. Today it is going up even more. If the buyers continue generating firm demand, the price might rise above the R1 resistance level and reach 32300. But if the bears counterattack, the price could drop below 31900.
SSL Secured