Yesterday all three American indices went down heavily. Today all three of them are showing mixed sentiment and the volatility is really low. From the data front, the nonfarm payrolls and unemployment rate in March will be published. Anyway, let’s move on to the analysis, S&P 500 first:
S&P 500
The S&P 500 went down heavily yesterday. The price finished the session significantly below the S2 support level, at 4540. Today it is showing mixed sentiment and the volatility is really low. If the buyers take control over the market, the price might rise above the EMA 200 and reach 4570 today. But if the bears show their strength once again, the price could drop below 4510.
NASDAQ 100
NASDAQ 100 also dropped heavily yesterday. The price finished the session slightly above the S2 support level and 14900. Today it is showing mixed sentiment and the volatility is really low. If the buyers take control over the market, the price might rise above the Pivot Point and reach 15000. But if the bears show their strength once again, the price could fall below 14800.
Dow Jones Industrial Average
The DJIA index dropped deeply yesterday as well. The price finished the session significantly below the S2 support level, a little above 34700. Today it is showing mixed sentiment and the volatility is really low. If the buyers take control over the market, the price might rise above the Pivot Point. But if the bears show their strength once again, the price could fall below 34500.
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