Yesterday the S&P 500 and the Dow Jones Industrial Average showed mixed sentiment, buth the NASDAQ 100 managed to rise. Today all three American indices are showing mixed sentiment. 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 slightly below 3800. Today it is still showing mixed sentiment. If the buyers take control over the market, the price might even rise above the R1 resistance level and reach 3830. But if the bears show their strength, the price could drop below the Pivot Point and reach 3770.
NASDAQ 100
NASDAQ 100 was the strongest one yesterday. The price managed to rise and finished the session a little above the EMA 200 and 11800. Today it is showing mixed sentiment. If the buyers show their strength once again, the price might even go up above 11900 today. But if the bears take control over the market, the price could drop below the Pivot Point and reach 11700.
Dow Jones Industrial Average
The DJIA index also showed mixed sentiment yesterday. The price finished the session slightly above 30600. Today it is still showing mixed sentiment. If the buyers take control over the market, the price might even reach the EMA 200 and 30800. But if the bears show their strength, the price could drop below the Pivot Point and reach 30450.
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