On Friday the American indices performed differently. The S&P 500 and the NASDAQ 100 managed to rise, but the Dow Jones Industrial Average showed mixed sentiment. 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
The S&P 500 managed to rise on Friday. The price finished the last session of the week a little above 4000. However, it is going down today. If the buyers don’t generate some serious appetite soon, the price could drop below 3670 and reach the S1 support level. But if they do, the price might return above 4000.
NASDAQ 100
NASDAQ 100 also managed to rise on Friday. The price finished the last session of the week a little above 11850. However, it is going down today. If the buyers don’t generate some serious appetite soon, the price could drop below 11700 and reach the S1 support level. But if they do, the price might even reach 11900.
Dow Jones Industrial Average
The DJIA index was the weakest one Friday. The price showed mixed sentiment and finished the session slightly above 33750. However, it is going down today. If the buyers don’t generate some serious appetite soon, the price could drop below 33600. But if they do, the price might even reach 33800.
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