All three US indices showed different sentiments yesterday, but today they are declining. If the price keeps falling, SPX, NASDAQ, and DJIA will tumble to S1.

Yesterday, the American indices performed differently. The S&P 500 and the NASDAQ 100 went down, but the Dow Jones Industrial Average showed mixed sentiment. Today all three of them are falling, 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 went down yesterday. The price finished the session a little below the EMA 200, slightly below 3,960. Today, it is falling even more. If the buyers don't generate some serious appetite soon, the price could drop below the S1 support level and 3,940. But if they do, the price might rise above the EMA 200 and 3,960.

spx

 

NASDAQ 100

NASDAQ 100 was the weakest one yesterday. The price dropped significantly and finished the session a little below the S1 support level, slightly below 11,600. Today, it is going down even more. If the buyers don't generate some serious appetite soon, the price could fall below today's S1 and 11,520. But if they do, the price might reach 11,600.

nasdaq

 

Dow Jones Industrial Average

The DJIA index was the strongest one yesterday. The price showed mixed sentiment and finished the session slightly above the Pivot Point and 33,700. Today, it is going down, though. If the buyers don't generate some serious appetite soon, the price could drop below 33,600 and reach the S1 support level. But if they do, the price might return above 33,700 and reach today's Pivot Point.

djia

 


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