Yesterday the American indices performed differently. The S&P 500 and the Dow Jones Industrial Average dropped, but the NASDAQ 100 rose a bit. All three of them are going up today, though. From the data front, weekly initial jobless claims will be published. Anyway, let’s move on to the analysis, S&P 500 first:

S&P 500

The S&P 500 dropped a bit yesterday. The price finished the session at the Pivot Point, slightly below 4400 and the EMA 200. However, the price is rising a bit today. It’s already above the Pivot Point and 4400. If the buyers continue generating firm demand, the price might rise above the R1 resistance level today. But if the bears counterattack, the price could return below the EMA 200.

NASDAQ 100

NASDAQ 100 was the strongest one yesterday. The price rose a bit and finished the session at 15080. Today, it is still rising slowly. If the buyers continue generating sufficient demand, the price might even reach 15150 and set the new all-time high. But if the bears counterattack, the price could drop below the Pivot Point.

Dow Jones Industrial Average

The DJIA index was the weakest one yesterday. The price dropped significantly and finished the session near the S1 support level. However, it is rising a bit today. If the buyers continue generating sufficient demand, the price might reach the EMA 200. But if the bears counterattack, the price could even fall to today’s S1.