Yesterday the American indices went down once again. Today all three of them are showing mixed sentiment and the volatility is really low. From the data front, all eyes will be focused on the Fed interest rate decision and press conference right after the publication. Anyway, let’s move on to the analysis, S&P 500 first:
S&P 500
The S&P 500 dropped significantly once again yesterday. The price finished the session below the S1 support level, a little below 4640. 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 today. But if the bears show their strength once again, the price could fall to 4600.
NASDAQ 100
NASDAQ 100 also dropped significantly yesterday. The price finished the session below the S1 support level, a little above 15930. Today it is showing mixed sentiment and the volatility is really low. If the buyers take control over the market, the price might reach the R1 resistance level and the EMA 200. But if the bears show their strength once again, the price could fall to today’s S1.
Dow Jones Industrial Average
The DJIA index went down yesterday as well. The price finished the session slightly above 35560. Today it is showing mixed sentiment and the volatility is rather low. If the buyers take control over the market, the price might reach the R1 resistance level today. But if the bears show their strength once again, the price could fall below 35400.
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