Yesterday the American indices performed differently. The S&P 500 and the NASDAQ 100 rose strongly, but the Dow Jones Industrial Average showed mixed sentiment. Today all three of them are showing mixed sentiment, 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 rose strongly yesterday. The price finished the session a little below the R2 resistance level, slightly above 4140. Today it is showing mixed sentiment. The volatility is rather low, though. If the bulls show their strength once again, the price might even reach 4170 today. But if the bears take control over the market, the price could drop to the Pivot Point.
NASDAQ 100
NASDAQ 100 was the strongest one yesterday. The price finished the session high above the R2 resistance level, slightly above 12500. Today it is showing mixed sentiment. The volatility is rather low, though. If the bulls show their strength once again, the price might even reach 12600 today. But if the bears take control over the market, the price could drop below 12450.
Dow Jones Industrial Average
The DJIA index wasn’t as strong as the other two indices yesterday. The price showed mixed sentiment and finished the session a little above 34100. Today it is going down a bit. If the buyers don’t generate some serious appetite soon, the price could drop below 34000 and even reach the EMA 200. But if they do, the price might rise above 34200.
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