S&P 500 and NASDAQ are rising, while Dow remains weaker today, as investors analyze the details of Biden's $2 trillion infrastructure plan besides hoping for strong NFP tomorrow.

Yesterday, the American indices performed differently. The S&P 500 and NASDAQ 100 went up strongly, but the Dow Jones Industrial Average showed mixed sentiment. Today the situation looks the same - S&P 500 and NASDAQ 100 are rising and the DJIA index is much weaker. From the data front, manufacturing PMI in March and weekly initial jobless claims will be published today in the US. Anyway, let's move on to the analysis, S&P 500 first:

 

S&P 500

The S&P 500 rose significantly yesterday. The price finished the day at the R1 resistance level and set the new all-time high. Today it is still rising. If the buyers continue generating firm demand, the price might even test psychological 4,000 today. But if the bears counterattack, the price could drop below the Pivot Point.

s&p 500 today

 

NASDAQ 100

NASDAQ 100 was definitely the strongest one yesterday. The price rose significantly and finished the day at the R2 resistance level. Today it is rising even more. If the buyers continue generating firm demand, the price might reach the R1 today. But if the bears counterattack, the price could drop below the Pivot Point.

nasdaq 100 today

 

Dow Jones Industrial Average

The DJIA index was much weaker yesterday. The price only showed mixed sentiment. During today's Asian trading session, the bears tested the EMA 200, but the price managed to bounce. If they continue generating sufficient demand, the price might finally go up and even reach the R2 resistance level today. But if the bears attack once more, the price could drop to the S2 support level.

djia today

 


EXCO offers the ability to trade financial markets on leverage through multiply asset trading platforms. Be that pricing, execution, or promotions, they emphasize that what they advertise is what they give to clients, regardless of the size of their investment.