Yesterday the S&P 500 and the NASDAQ 100 dropped a bit, but the Dow Jones Industrial Average showed mixed sentiment. Today the S&P 500 and the NASDAQ 100 are showing mixed sentiment, but the DJIA index is rising a bit. 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 dropped a bit yesterday. The price finished the session a little below the Pivot Point. Today it is showing mixed sentiment and the volatility is really low. If the buyers take control over the market, the price might rise above the EMA 200 and reach 4500 today. But if the bears show their strength once again, the price could fall to the S1 support level.

SP 500

NASDAQ 100

NASDAQ 100 also dropped a bit yesterday. The price finished the session a little below the Pivot Point and 14600. Today it is showing mixed sentiment and the volatility is really low. If the buyers take control over the market, the price might rise above the EMA 200 and reach 14700 today. But if the bears show their strength once again, the price could fall below the S1 support level and reach 14400.

NASDAQ 100

Dow Jones Industrial Average

The DJIA index was a bit stronger and showed mixed sentiment yesterday. The price finished the session exactly at the EMA 200 and 35000. Today it is even rising slowly. If the buyers continue generating sufficient demand, the price might even reach the R1 resistance level and 35200 today. But if the bears counterattack, the price could drop to 34900.

Dow Jones