Yesterday the American indices performed differently. The S&P 500 and the Dow Jones Industrial Average managed to rise, but the NASDAQ 100 showed mixed sentiment. Today all three of them are going down a bit, though. From the data front, weekly initial jobless claims will be published. Anyway, let’s start the analysis:
S&P 500
The S&P 500 managed to rise yesterday. The price set the new all-time high and finished the session above the R1 resistance level. Today, the price is going down a bit, though. If the buyers don’t generate some serious appetite soon, the price could drop to the EMA 200 and the S2 support level. But if they do, the price might reach today’s R1 and 4500.
NASDAQ 100
NASDAQ 100 showed mixed sentiment yesterday and the volatility was very low. Today, the price is going down a bit, though. It’s at the S1 support level right now. If the buyers don’t generate some serious appetite soon, the price could drop to the S3. But if they do, the price might reach the R1 resistance level and set the new all-time high.
Dow Jones Industrial Average
The DJIA index managed to rise yesterday. The price set the new all-time high and finished the session at the R1 resistance level. Today, the price is going down a bit, though. If the buyers don’t generate some serious appetite soon, the price could drop below the S1 support level and the EMA 200. But if they do, the price might reach today’s R1.
