Dow and S&P 500 are mixed while NASDAQ goes down on Friday despite low US jobless claims and China's economy's strong growth in the first quarter of 2021.

Yesterday was a great bullish session for the American indices. All three of them rose strongly and set their new all-time highs. Today, the S&P 500 and the Dow Jones Industrial Average are showing mixed sentiment, but the NASDAQ 100 is going down. From the data front, building permits in March will be published. Anyway, let's move on to the analysis, S&P 500 first:

 

S&P 500

Yesterday was an amazing bullish session for the S&P 500. The price rose high above the R2 resistance level and set the new all-time high. Today it is showing mixed sentiment. If the bulls show their strength once again, the price might reach 4,180 today. But if the bears counterattack, the price could drop to the Pivot Point.

s&p 500 today

 

NASDAQ 100

NASDAQ 100 also rose strongly and set the new all-time high yesterday. The price rose above the R1 resistance level. However, it is going down today. If the buyers don't generate some serious appetite soon, the price could even fall to the EMA 200. But if they do, the price should return above 14,000.

nasdaq 100 today

 

Dow Jones Industrial Average

The DJIA index performed greatly yesterday as well. The price finished the day a little below the R2 resistance level and set the new all-time high. Today it is showing mixed sentiment. If the bulls show their strength once again, the price might finally reach 34,000 today. But if the bears counterattack, the price could drop to the Pivot Point.

djia today

 


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