Yesterday the American indices went down. Today all three of them are showing mixed sentiment. From the data front, the ISM non-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 went down yesterday. The price finished the session a little above the S1 support level, slightly below 4100. Today it is showing mixed sentiment. If the buyers take control over the market, the price might rise above the Pivot Point and reach 4120 today. But if the bears show their strength once again, the price could drop below the EMA 200 and 4080.
NASDAQ 100
NASDAQ 100 went down a bit yesterday. The price finished the session at 12920. Today it is showing mixed sentiment. If the buyers take control over the market, the price might rise above 13000. But if the bears show their strength once again, the price could drop to the EMA 200 and 19820.
Dow Jones Industrial Average
The DJIA index was the weakest one yesterday. The price dropped heavily and finished the session at the S2 support level, slightly above 33400. Today it is showing mixed sentiment. If the buyers take control over the market, the price might rise above the Pivot Point and reach 33600. But if the bears show their strength once again, the price could go down below 33300 and reach today’s S1.
SSL Secured