S&P 500, NASDAQ, and DJIA are going up a bit today ahead of US Non-Farm Payroll and Unemployment Rate releases. What should be anticipated? See the detailed analysis below.

Yesterday, the American indices performed differently. S&P 500 and NASDAQ 100 showed mixed sentiment, but the volatility wasn't increased to be honest. On the other hand, Dow Jones Industrial Average rose significantly. All three indices set the new all-time highs, though. Moreover, today they are also going up a bit. From the data front, all eyes will be on Non-Farm Payroll and Unemployment Rate releases, both in November, in the US. Anyway, let's start the analysis, S&P 500 first:

 

S&P 500

The S&P 500 showed mixed sentiment yesterday. The bulls tested the R1 resistance level twice, and the bears tested the Pivot Point thrice, but both sides of the market strongly defended their key levels. Today, the price is going up a bit. If the buyers continue generating sufficient demand, the price might even reach 3,700 today. But if the bears counterattack, the price could go down to the EMA 200 and the S1 support level.

SNP 500 Today

 

NASDAQ 100

NASDAQ 100 also showed mixed sentiment and low volatility yesterday. The price tested the R1 resistance level twice, but the bulls weren't strong enough to beat it. Today, the price is going up a bit. It's already above 12,500. If the buyers continue generating sufficient demand, the price might successfully attack the R1. But if the bears counterattack, the price could go down to the S1 support level.

NASDAQ 100 Today

 

Dow Jones Industrial Average

The DJIA index was definitely the strongest one yesterday. The price managed to breach the R1 resistance level, but finished the day slightly below that level.Today, it is going up once again. The price is already above 30000. If the buyers continue generating sufficient demand, the price might successfully attack the R1. But if the bears counterattack, the price could go down to the EMA 200.

DJIA Today

 


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