Yesterday the American indices performed differently. The NASDAQ 100 managed to rise, but the S&P 500 and the Dow Jones Industrial Average showed mixed sentiment. Today all three of them are going up slowly. From the data front, the CPI and core CPI in February will be published. Anyway, let’s start the analysis, S&P 500 first:
S&P 500
The S&P 500 showed mixed sentiment yesterday. The price finished the session slightly above 3860. Today it is going up slowly. If the buyers continue generating sufficient demand, the price might even reach 3900. But if the bears counterattack, the price could drop below 3850 today.
NASDAQ 100
NASDAQ 100 was the strongest one yesterday. The price managed to rise and finished the session at 11950. Today it is going up even more. If the buyers continue generating sufficient demand, the price might rise above the EMA 200 and even reach 12100. But if the bears counterattack, the price could drop below the Pivot Point and 11900.
Dow Jones Industrial Average
The DJIA index showed mixed sentiment yesterday. The price finished the session at 31900. Today it is going up slowly. If the buyers continue generating sufficient demand, the price might rise above 32100. But if the bears counterattack, the price could drop below 31800 today.
SSL Secured