The American indices performed differently on Friday. The Dow Jones Industrial Average rose significantly and set the new all-time high. The S&P 500 showed mixed sentiment. However, the NASDAQ 100 dropped below 15350. Today all three of them are rising, though. 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 showed mixed sentiment on Friday. First the price rose, tested the R1 resistance level and set the new all-time high. Then it dropped and finished the session below 4540. However, the price is going up today. If the buyers continue generating firm demand, the price might reach today’s R1 and set the new all-time high. But if the bears counterattack, the price could fall to the S1 support level.

SP 500

NASDAQ 100

NASDAQ 100 was the weakest one on Friday. The price dropped significantly and finished the week below 15350. However, the price is going up today. If the buyers continue generating firm demand, the price might reach the R1 resistance level today. But if the bears counterattack, the price could fall below the S1 support level.

NASDAQ 100

Dow Jones Industrial Average

The DJIA index was the strongest one on Friday. The price rose significantly and set the new all-time high. It finished the last session of the week a little below the R1 resistance level. Moreover, it is rising today. If the buyers continue generating firm demand, the price might reach today’s R1 and set the new all-time high. But if the bears counterattack, the price could drop to the S1 support level.

Dow Jones