US indices continue their rally today. If this bullish session continues, all three major stocks might advance to R1 today.

Yesterday the American indices managed to rise. Today all three of them are going up even more. 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 managed to rise yesterday. The price finished the session at 3,970, slightly below the R1 resistance level. Today it is going up even more. The price is already above 3,980. If the buyers continue generating firm demand, the price might rise above 4,000 and reach today's R1. But if the bears counterattack, the price could drop below the Pivot Point and reach the EMA 200.

S&P 500

 

NASDAQ 100

NASDAQ 100 also managed to rise yesterday. The price finished the session slightly below 11,900. Today it is going up even more. The price is already above 11,950. If the buyers continue generating firm demand, the price might reach 12,050 and the R1 resistance level. But if the bears counterattack, the price could drop to the Pivot Point.

NASDAQ 100

 

Dow Jones Industrial Average

The DJIA index managed to rise yesterday as well. The price finished the session slightly above 32,050. Today it is going up even more. If the buyers continue generating firm demand, the price might reach the R1 resistance level. But if the bears counterattack, the price could drop below 32,000 and reach the Pivot Point.

DJIA

 


EXCO offers the ability to trade financial markets on leverage through multiply asset trading platforms. Be that pricing, execution, or promotions, they emphasize that what they advertise is what they give to clients, regardless of the size of their investment.