Yesterday the American indices performed differently. The S&P 500 and the NASDAQ 100 went down, but the Dow Jones Industrial Average showed mixed sentiment. Today the S&P 500 and the NASDAQ 100 are showing mixed sentiment and the DJIA index is rising slowly. 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 above the EMA 200 and 4110. Today it is showing mixed sentiment. If the buyers take control over the market, the price might reach 4130 today. But if the bears show their strength once again, the price could drop to 4100.
NASDAQ 100
NASDAQ 100 was the weakest one yesterday. The price dropped significantly and finished the session at the S1 support level and 13070. Today it is showing mixed sentiment. If the buyers take control over the market, the price might reach the Pivot Point and 13100. But if the bears show their strength once again, the price could even drop to 13000.
Dow Jones Industrial Average
The DJIA showed mixed sentiment yesterday. The price finished the session slightly below the Pivot Point and 33650. Today, it is rising, though. If the buyers continue generating sufficient demand, the price might go up above the R1 resistance level and reach 33750. But if the bears counterattack, the price could drop below the Pivot Point and reach 33600.
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