Yesterday the American indices 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 showed mixed sentiment yesterday. The price finished the session a little below 4010. Today it is going down slowly. If the buyers don’t generate some serious appetite soon, the price could drop below the S1 support level and reach 3990.But if they do, the price might rise above the Pivot Point and reach 4020.
NASDAQ 100
NASDAQ 100 also showed mixed sentiment yesterday. The price finished the session slightly above 11560. Today it is going down slowly. If the buyers don’t generate some serious appetite soon, the price could drop below the S1 support level and reach 11500. But if they do, the price might rise above the Pivot Point and reach 11600.
Dow Jones Industrial Average
The DJIA index showed mixed sentiment yesterday as well. The price finished the session slightly below 34400. Today it is going down, though. If the buyers don’t generate some serious appetite soon, the price could drop below the S2 support level and reach 34200. But if they do, the price might rise above the Pivot Point and reach 34450.
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