Yesterday the American indices performed differently. The S&P 500 and the NASDAQ 100 went down, but the Dow Jones Industrial Average showed mixed sentiment. Today all three of them are falling, 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 went down yesterday. The price finished the session a little below the EMA 200, slightly below 3960. Today, it is falling even more. If the buyers don’t generate some serious appetite soon, the price could drop below the S1 support level and 3940. But if they do, the price might rise above the EMA 200 and 3960.
NASDAQ 100
NASDAQ 100 was the weakest one yesterday. The price dropped significantly and finished the session a little below the S1 support level, slightly below 11600. Today, it is going down even more. If the buyers don’t generate some serious appetite soon, the price could fall below today’s S1 and 11520. But if they do, the price might reach 11600.
Dow Jones Industrial Average
The DJIA index was the strongest one yesterday. The price showed mixed sentiment and finished the session slightly above the Pivot Point and 33700. Today, it is going down, though. If the buyers don’t generate some serious appetite soon, the price could drop below 33600 and reach the S1 support level. But if they do, the price might return above 33700 and reach today’s Pivot Point.
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