Yesterday was another great bullish session for the American indices. All three of them rose strongly, finished the session above their R2 (S&P 500, Dow Jones Industrial Average) or R1 (NASDAQ 100) resistance levels and set their new all-time highs. However, they are showing mixed sentiment today and the volatility during the Asian trading session was really low. From the data front , the markets will be focused on the job openings JOLTs report in December. Anyway, let’s start the analysis, S&P 500 first:

S&P 500

That was one more great bullish session for the S&P 500. The price rose above the R2 resistance level and set the new all-time high. Today, it is showing mixed sentiment and the volatility is rather low. If the bulls show their strength once again, the price might rise to 3920 today. But if the bears take control over the market today, the price could drop below the S1 support level.

SP 500 - 09.02.2021

NASDAQ 100

Yesterday was also a good bullish session for the NASDAQ 100. The price managed to rise above the R1 resistance level and set the new all-time high. Today, it is showing mixed sentiment and the volatility is rather low. If the bulls show their strength once again, the price might rise above 13700. But if the bears take control over the market today, the price could drop below the S1 support level.

NASDAQ 100 - 09.02.2021

Dow Jones Industrial Average

That was a great bullish session for the DJIA index as well. The price rose above the R2 resistance level and set the new all-time high. Today, it is showing mixed sentiment and the volatility is rather low. If the bulls show their strength once again, the price might reach 31400. But if the bears take control over the market today, the price could drop to the S1 support level.

Dow Jones Industrial Average - 09.02.2021