US stocks still going strong after rising yesterday. If buyers keep generating good support, the prices might continue their bullish session today.

Yesterday was a great bullish session. All three American indices rose significantly. Today they are rising even more. What can they do next? Let's try to answer that question in the analysis, S&P 500 first:

 

S&P 500

The S&P 500 rose strongly yesterday. The price finished the session at the R2 resistance level, a little below 4,570. Today it is going up even more. If the buyers continue generating firm demand, the price might even rise above 4,590 today. But if the bears counterattack, the price could drop to the Pivot Point and 4,550.

S&P 500

 

NASDAQ 100

NASDAQ 100 also rose strongly yesterday. The price finished the session at the R2 resistance level, slightly below 15,000. Today it is going up even more. The price is already above 15,000. If the buyers continue generating firm demand, the price might reach 15,100 today. But if the bears counterattack, the price could drop below 14,900 and reach Pivot Point.

Nasdaq 100

 

Dow Jones Industrial Average

The DJIA index rose significantly above EMA 200 yesterday as well. The price finished the session a little below the R1 resistance level, at 34850. Today it is going up even more. If the buyers continue generating firm demand, the price might rise above 35,000. But if the bears counterattack, the price could drop to the Pivot Point.

DJIA

 


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