Yesterday the American indices performed differently. The S&P 500 and the NASDAQ 100 went down, but the Dow Jones Industrial Average showed mixed sentiment. Today all three of them are rising slowly, though. From the data front, the minutes of the U.S. Federal Open Market Committee’s last meeting will be published. Anyway, let’s move on to the analysis, S&P 500 first:
S&P 500
The S&P 500 went down yesterday. The price finished the session slightly below 3610. Today it is rising slowly, though. If the buyers continue generating sufficient demand, the price might go up above 3640 and reach the R1 resistance level today. But if the bears counterattack, the price could drop below 3590.
NASDAQ 100
NASDAQ 100 was the weakest one yesterday. The price dropped significantly and finished the session at the S1 support level, and 10880. However, it is rising today. If the buyers continue generating sufficient demand, the price might go up above 11000 and reach the R1 resistance level today. But if the bears counterattack, the price could fall below 10800.
Dow Jones Industrial Average
The DJIA index showed mixed sentiment yesterday. The price finished the session a little above the Pivot Point and 29300. Today it is rising slowly, though. If the buyers continue generating sufficient demand, the price might go up above the EMA 200 and reach 29500 today. But if the bears counterattack, the price could drop below 29200.
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