On Friday, the American indices once again managed to rise. Today all three of them are showing mixed sentiment. From the data front, the ISM manufacturing PMI in July will be published. Anyway, let’s move on to the analysis, S&P 500 first:
S&P 500
The S&P 500 rose significantly once again on Friday. The price finished the last session of the week a little below the R1 resistance level, slightly above 4130. Today it is showing mixed sentiment. If the buyers show their strength once again, the price might reach 4150 today. But if the bears take control over the market, the price could drop below the S1 support level and reach 4090.
NASDAQ 100
NASDAQ 100 also managed to rise on Friday. The price finished the last session of the week a little above 12970. Today it is showing mixed sentiment. If the buyers show their strength once again, the price might go up above 13030 today. But if the bears take control over the market, the price could drop below the S1 support level and reach 12800.
Dow Jones Industrial Average
The DJIA index rose significantly on Friday as well. The price finished the last session of the week slightly above the R1 resistance level and 32820. Today it is showing mixed sentiment. If the buyers show their strength once again, the price might go up above 32900 today. But if the bears take control over the market, the price could drop below 32600 and reach the S1 support level.
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