Yesterday the American indices went down. Today all three of them are falling even more. From the data front, the ADP nonfarm employment change 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 yesterday. The price finished the session slightly above the S1 support level and 4130. Today it is falling even more. If the buyers don’t generate some serious appetite soon, the price could drop to the EMA 200 and 4110 today. But if they do, the price might reach the Pivot Point and 4140.
NASDAQ 100
NASDAQ 100 also went down a bit yesterday. The price finished the session at the Pivot Point and 13230. Today it is falling even more. If the buyers don’t generate some serious appetite soon, the price could drop to the EMA 200, the S1 support level and 13150 today. But if they do, the price might reach the Pivot Point and 13250.
Dow Jones Industrial Average
The DJIA index went down yesterday as well. The price finished the session slightly above 33600. Today it is falling even more. If the buyers don’t generate some serious appetite soon, the price could drop to the S1 support level. But if they do, the price might rise above the Pivot Point.
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