Yesterday the American indices managed to rise. Today all three of them are going up even more. From the data front, the ADP nonfarm employment change in June will be published. Anyway, let’s move on to the analysis, S&P 500 first:
S&P 500
The S&P 500 managed to rise yesterday. The price finished the session slightly above 3850. Today it is going up even more. If the buyers continue generating firm demand, the price might reach 3880 today. But if the bears counterattack, the price could drop below the Pivot Point and reach 3840.
NASDAQ 100
NASDAQ 100 also managed to rise yesterday. The price finished the session at 11900. Today it is slowly going up even more. If the buyers continue generating sufficient demand, the price might rise above 12000 today. But if the bears counterattack, the price could drop below 11800.
Dow Jones Industrial Average
The DJIA index managed to rise yesterday as well. The price finished the session slightly above 31000. Today it is going up even more. If the buyers continue generating firm demand, the price might rise above 31200 today. But if the bears counterattack, the price could drop below 31000 and the Pivot Point.
SSL Secured