Yesterday the American indices performed differently. The NASDAQ 100 managed to rise a bit, the Dow Jones Industrial Average slightly went down and the S&P 500 showed mixed sentiment. Today all three American indices are rising, though. From the data front, the GDP in Q4 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 a little below 4010. Today, it is rising, though. If the buyers continue generating firm demand, the price might go up above the R1 resistance level and reach 4040. But if the bears counterattack, the price could drop below the Pivot Point and reach 4000.
NASDAQ 100
NASDAQ 100 managed to rise a bit yesterday. The price finished the session slightly above 12160. Today it is going up even more. Right now the bulls are attacking the R1 resistance level. If they do it successfully, the price might rise above 11250 and reach the EMA 200. But if they fail, the price could drop below 11150 and reach the Pivot Point.
Dow Jones Industrial Average
The DJIA index was the weakest one yesterday. The price went down a bit and finished the session at 33100. However, it is rising today. If the buyers continue generating firm demand, the price might go up above the R1 resistance level and reach 33300. But if the bears counterattack, the price could drop below the Pivot Point and reach 33050.
SSL Secured