Current analysis of the US indices: Dow, S&P 500 and Nasdaq at a glance - Where are the resistance and supports?

Current analysis of the US indices: Dow, S&P 500 and Nasdaq at a glance - Where are the resistance and supports?

According to a report by stock3.com,

The US indices gave back their gains yesterday after a strong opening. The Dow Jones, the Nasdaq-100 and the S&P 500 showed different developments. The Dow Jones clawed back losses in late trading, while the Nasdaq 100 showed slight weakness.

The Dow Jones was able to claw back its gains in the second half of trading and scratched a short-term downward trend towards the close of trading. The Nasdaq 100 did not keep up with the Dow Jones and only showed a moderate recovery in the second half of trading. The S&P 500 started the day strong, but failed to reach the new all-time high and fell back again.

The impact of these developments could impact the market and investors. A breakout above the short-term downtrends could trigger a new buy signal and lead to a rally. However, if the indices fall below important supports, there could be a risk of setbacks.

The resistances and supports of the various indices show that the next trading days will be crucial. Investors should carefully monitor U.S. indices developments to make informed investment decisions.