Yesterday the American indices performed differently. The S&P 500 and the NASDAQ 100 managed to rise, but the Dow Jones Industrial Average showed mixed sentiment. Today all three of them are going down slowly, though. 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 managed to rise a bit yesterday. The price finished the session a little below 4000. However, it is going down today. If the buyers don’t generate some serious appetite soon, the price could drop below the S1 support level and reach 3970. But if they do, the price might rise above 4000 and reach the EMA 200.
NASDAQ 100
NASDAQ 100 also managed to rise yesterday. The price finished the session at the Pivot Point, slightly below 12240. However, it is going down today. If the buyers don’t generate some serious appetite soon, the price could drop below the S1 support level and even reach 12100. But if they do, the price might return above 12200 and the EMA 200.
Dow Jones Industrial Average
The DJIA index showed mixed sentiment yesterday. The price finished the session slightly below 32850. Today, it is going down slowly, though. If the buyers don’t generate some serious appetite soon, the price could drop below 32700. But if they do, the price might even reach 32900.
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