On Friday the American indices showed mixed sentiment. Today all three of them are going down a bit, though. What can they do next? Let’s try to answer that question in an analysis, the S&P 500 first:
S&P 500
The S&P 500 showed mixed sentiment on Friday. The price finished the last session of the week slightly below the Pivot Point, at 4075. Today, it is going down slowly. If the buyers don’t generate some serious appetite soon, the price could drop below the Pivot Point and 4050 and reach the EMA 200 today. But if they do, the price might even rise above 4080.
NASDAQ 100
NASDAQ 100 also showed mixed sentiment on Friday. The price finished the last session of the week slightly above 12010. Today, it is going down slowly. If the buyers don’t generate some serious appetite soon, the price could drop below the Pivot Point and reach 11900 and the EMA 200 today. But if they do, the price might rise above 12050.
Dow Jones Industrial Average
The DJIA index showed mixed sentiment on Friday as well. The price finished the last session of the week slightly above the Pivot Point and 34450. Today, it is going down, though. If the buyers don’t generate some serious appetite soon, the price could drop below the EMA 200 and reach 34200. But if they do, the price might rise above 34500.
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