Technical Update - Nasdaq turning bullish. S&P 500 indecisive. Dow Jones & Russell 2000 still in downtrend

USNAS100 cfd levels. Bullish trend. Upside potential to 13,721 if breaking above 12,895. A move back below 12,179 will put the Index into neutral and a close below 11,668 will reverse the trend.

S&P 500 has bounced from the 0.786 retracement and back above 200 daily MA. The Index is facing some resistance at the cloud at 3,980 but if S&P 500 closes back above 55 daily MA the falling trendline is to be challenged. A close above the trendline could fuel a rally that is likely to take out 4,079 thus confirming a bullish trend. A close above 4,079 is likely to push RSI back above 60 threshold underlining the uptrend.
A close below 3,808 will demolish and reverse this scenario

US500 cfd is testing the lower cloud span at 3,980 and the upper falling trendline in a falling channel pattern. A break above and a break above 55 daily Moving Average is likely push US500 towards 4,100. A close above 4,380 could see US500 to challenge the 4,195 with potential to 4,308

A close below 3,808 will confirm the downtrend.

Dow Jones Index is in a confirmed downtrend but bouncing from the support at around 31,738. RSI is still showing negative sentiment and the Index is below 200 MA.
The current bounce could take Dow Jones above the 200 MA but will face resistance both at the 55 daily MA coming down and the lower Cloud span at 33,642. For Dow Jones to reverse to an uptrend a close above 33,572 is needed.
If Dow Jones drops back below 31,429 down trend will continue  with next support at around 30,206.

Russell 2000 small cap Index bounced yesterday strongly from key support at around 1,722 forming a Bullish Engulfing bottom and reversal candle which strongly indicates further bounce is likely. Strong resistance at around 1,825 and at around 1,865.
A close below 1,716 is likely to extend the downtrend to support at around 1,653.