Yesterday the American indices performed differently. The S&P 500 and the Dow Jones Industrial Average managed to rise, but the NASDAQ 100 showed mixed sentiment. Today all three of them are showing mixed sentiment and the volatility is really low. 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 managed to rise yesterday. The price finished the session slightly above 4150. Today it is showing mixed sentiment. The volatility is really low, though. If the buyers show their strength once again, the price might go up above 4160 and reach the R1 resistance level. But if the bears counterattack, the price could drop below the Pivot Point and 4140.
NASDAQ 100
NASDAQ 100 showed mixed sentiment yesterday. The price finished the session slightly above 13250. Today still nothing really has happened. If the buyers show their strength, the price might reach 13300 and the R1 resistance level. But if the bears counterattack, the price could drop below 33200.
Dow Jones Industrial Average
The DJIA index was the strongest one yesterday. The price finished the session a little below the R2 resistance level, slightly below 33800. Today it is showing mixed sentiment. The volatility is really low, though. If the buyers show their strength once again, the price might go up above 33900. But if the bears counterattack, the price could drop below the Pivot Point and reach 33600.
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