US indices are showing different performances today. Both SPX and NASDAQ are mixed with low volatility, while DJIA decline. What will happen next?

Yesterday the American indices showed mixed sentiment. Today, the S&P 500 and the NASDAQ 100 are still showing mixed sentiment, and the Dow Jones Industrial Average is going down. 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 showed mixed sentiment yesterday. The price finished the session slightly above 3910. Still, nothing has happened today, and the volatility is relatively low. If the buyers show their strength, the price might rise above 3930 and reach Pivot Point. But if the bears take control over the market, the price could drop below the S1 support level and the EMA 200.

spx

 

NASDAQ 100

NASDAQ 100 also showed mixed sentiment yesterday. The price finished the session slightly above 11180. Still, nothing has happened today, and the volatility is relatively low. If the buyers show their strength, the price might rise above Pivot Point and reach 11,250. But if the bears take control over the market, the price could drop below 11,100 and reach the S1 support level.

nasdaq

 

Dow Jones Industrial Average

The DJIA index showed mixed sentiment yesterday. The price finished the session slightly below 33,700. Today it is going down, though. If the buyers don't generate some serious appetite soon, the price could drop below the S1 support level and reach 33,400. But if they do, the price might rise above 33,700.

djia

 


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