Yesterday the American indices rose significantly. Today all three of them are showing mixed sentiment. From the data front, the GDP in Q3 will be published. Anyway, let’s move on to the analysis, S&P 500 first:
S&P 500
The S&P 500 rose strongly yesterday. The price finished the session slightly above the R2 resistance level and 3910. Today it is showing mixed sentiment. If the buyers show their strength once again, the price might reach 3930 today. But if the bears take control over the market, the price could drop below 3900 and reach the Pivot Point and the EMA 200.
NASDAQ 100
NASDAQ 100 also rose significantly yesterday. The price finished the session slightly below the R2 resistance level, a little above 11350. Today it is showing mixed sentiment. If the buyers show their strength once again, the price might reach 11400 today. But if the bears take control over the market, the price could drop below the Pivot Point and reach 11300.
Dow Jones Industrial Average
The DJIA index rose strongly yesterday as well. The price finished the session above the R2 resistance level, slightly above 33600. Today it is showing mixed sentiment. If the buyers show their strength once again, the price might reach 33700 today. But if the bears take control over the market, the price could drop to 33500.
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