All three major US indices are on bearish tracks today. If this continues, SPX and NASDAQ might continue their bearish tracks towards S2.

Yesterday the American indices managed to rise. However, all three of them are going down today. 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 rose significantly yesterday. The price finished the session above the R1 resistance level, slightly below 3,980. However, it is going down heavily today. The price is already below the S1 support level. If the buyers don't generate some serious appetite soon, the price could reach today's S2 and 3,880. But if they do, the price might return above the EMA 200 and 3,950.

S&P 500

 

NASDAQ 100

NASDAQ 100 also managed to rise yesterday. The price finished the session slightly above the EMA 200 and 12,050. However, it is going down heavily today. The price is already significantly below the S1 support level. If the buyers don't generate some serious appetite soon, the price could drop below 11,700 and reach today's S2. But if they do, the price might return above today's S1 and reach 11,900.

NASDAQ 100

 

Dow Jones Industrial Average

The DJIA index rose strongly yesterday as well. The price finished the session significantly above the R1 resistance level and 31,800. 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 31,200. But if they do, the price might return above the Pivot Point and 31,700.

DJIA

 

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.