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SPX and DJIA Score Lower while NASDAQ Mixed



Jan 13, 2023  
US indices are showing different performances today. SPX and DJIA are falling while NASDAQ consolidates.

Yesterday the American indices managed to rise. Today, the S&P 500 and the Dow Jones Industrial Average are going down, but the NASDAQ 100 is 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 managed to rise yesterday. The price finished the session slightly above 4000. Today, it is going down, though. If the buyers don't generate some serious appetite soon, the price could drop below 3980 today. But if they do, the price might rise above 4010.

 

NASDAQ 100

NASDAQ 100 also managed to rise yesterday. The price finished the session a little above 11,520. Today it is showing mixed sentiments. If the buyers show their strength once again, the price might even reach 11,600 today. But if the bears take control over the market, the price could drop to Pivot Point.

 

Dow Jones Industrial Average

The DJIA index was the strongest one yesterday. The price rose strongly and finished the session a little below the R2 resistance level, at 34,300. Today, it is going down, though. If the buyers don't generate some serious appetite soon, the price could drop below 34,200 and the Pivot Point. But if they do, the price might even reach 34,400 today.

 


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