Yesterday the American indices went down. Today all three of them are showing mixed sentiment. 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 slightly below the S2 support level, a little above 4130. Today it is showing mixed sentiment. If the buyers take control over the market, the price might even reach 4170 and the R1 resistance level. But if the bears show their strength once again, the price could drop below the EMA 200 and reach 4100.
NASDAQ 100
NASDAQ 100 also went down yesterday. The price finished the session below the S1 support level, slightly above 12650. Today it is showing mixed sentiment. If the buyers take control over the market, the price might even rise above 12800 and reach the R1 resistance level. But if the bears show their strength once again, the price could drop below the EMA 200 and reach 12500.
Dow Jones Industrial Average
The DJIA index went down yesterday as well. The price finished the session at the S2 support level, slightly above 33000. Today it is showing mixed sentiment. If the buyers take control over the market, the price might rise above the R1 resistance level and 33300. But if the bears show their strength once again, the price could drop to the EMA 200.
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