Yesterday was a good bullish session. All three American indices rose significantly. Today they are showing mixed sentiment. The volatility is really low, 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 great bullish session. The S&P 500 rose strongly and finished the day slightly below the R2 resistance level and 4040. Today it is showing mixed sentiment. The volatility is really low, though. If the buyers show their strength once again, the price might go up above 4050. But if the bears take control over the market, the price could drop below the Pivot Point and 4020.
NASDAQ 100
NASDAQ 100 was the strongest one yesterday. The price rose above the R2 resistance level and finished the session slightly above 11930. Today it is showing mixed sentiment. The volatility is really low, though. If the buyers show their strength once again, the price might even reach 12000. But if the bears take control over the market, the price could drop to the Pivot Point and 11850.
Dow Jones Industrial Average
The DJIA index rose significantly yesterday as well. finished the session slightly below the R2 resistance level and 33750. Today it is showing mixed sentiment. The volatility is really low, though. If the buyers show their strength once again, the price might even reach 33900. But if the bears take control over the market, the price could drop 33600 and reach the EMA 200.
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