Yesterday was a really volatile session. In the end the American indices rose strongly. Today all three of them are going down, though. What can they do next? Let’s try to answer that question in an analysis, S&P 500 first:

S&P 500

Yesterday was a really volatile session. First, the S&P 500 dropped to the S3 support level, then it rose strongly and finished the session above the R2 resistance level, at 3680. However, it is going down today. If the buyers don’t generate some serious appetite, the price could fall below 3650 and reach the EMA 200. But if they do, the price might rise above 3710.

SP 500

NASDAQ 100

NASDAQ 100 was also really volatile yesterday. First, the price dropped below the S3 support level, then it rose strongly and finished the session slightly above the R2 resistance level and 11060. However, it is going down today. If the buyers don’t generate some serious appetite, the price could fall to 10900 and the Pivot Point. But if they do, the price might rise above 11150.

NASDAQ 100

Dow Jones Industrial Average

The DJIA index was really volatile yesterday as well. First, the price dropped below the S2 support level, then it rose strongly and finished the session slightly above the R3 resistance level. However, it is going down today. If the buyers don’t generate some serious appetite, the price could fall to 29700. But if they do, the price might rise above 30300.

Dow Jones