Yesterday the American indices went down a bit. Today all three of them are showing mixed sentiment. What can they do next? Let’s try to answer that question in an analysis, S&P 500 first:
S&P 500
Yesterday the S&P 500 went down a bit. The price finished the session at 4260. Today it is showing mixed sentiment. If the buyers take control over the market, the price might reach the R1 resistance level and 4290 today. But if the bears show their strength, the price could drop below 4220 and reach the S1 support level.
NASDAQ 100
NASDAQ 100 also went down yesterday. The price finished the session a little below the Pivot Point and the EMA 200, at 13580. Today it is showing mixed sentiment. If the buyers take control over the market, the price might rise above 13760 and reach the R1 resistance level. But if the bears show their strength, the price could drop below 13400 and reach the S1 support level.
Dow Jones Industrial Average
The DJIA index went down a bit yesterday as well. The price finished the session at 33200. Today it is showing mixed sentiment. If the buyers take control over the market, the price might rise above 33300 and reach the R1 resistance level. But if the bears show their strength, the price could drop below 32900 and reach the S1 support level.
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