Dow, NASDAQ, and S&P 500 trade high on Thursday as investors look forward to tomorrow's job reports. Economists expect the data to show good results following recovery and vaccine rollout.

Yesterday, the American indices performed differently. The S&P 500 and the NASDAQ 100 showed mixed sentiment and the Dow Jones Industrial Average rose significantly and set the new all-time high. Today, all three of them are rising. From the data front, weekly initial jobless claims will be published today. Anyway, let's start the analysis, S&P 500 first:

 

S&P 500

The S&P 500 showed mixed sentiment yesterday. The bulls weren't strong enough to hold above the EMA 200, so the price dropped in the evening. However, it is rising significantly today. If the buyers continue generating firm demand, the price might even reach the R2 resistance level today. But if the bears counterattack, the price could fall below the Pivot Point.

s&p 500 today

 

NASDAQ 100

NASDAQ 100 also showed mixed sentiment yesterday. The bulls weren't strong enough to hold above the Pivot Point, so the price dropped in the evening. However, it is rising significantly today. If the buyers continue generating firm demand, the price might rise above the R1 resistance level today. But if the bears counterattack, the price could fall to the S1 support level.

nasdaq 100 today

 

Dow Jones Industrial Average

The DJIA index once again was definitely the strongest one. The price rose significantly, set the new all-time high, and finished the day slightly below the R1 resistance level. Today, it is rising even more. If the buyers continue generating firm demand, the price might even reach 34,400 today. But if the bears counterattack, the price could drop to the Pivot Point.

djia today

 


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