A collective rise in US indices at the beginning of trading on Wednesday

Wall Street indices continue their collective rise

 

US indices opened their weekly trading on Wednesday with a rise.

Wall Street indices opened with a collective rise.

The opening was as follows

 

Dow Jones

The Dow Jones opened trading with a 0.32% rise.

The index continued its rise to reach 44,233.

The Dow is still moving in a sideways direction within daily supply zones.

Therefore, please be cautious about buying at this time.

 

Nasdaq

The Nasdaq opened with a slight rise of 0.05%.

The index continued its rise to reach 23,064.

The index is still moving in a general upward trend.

The rise is expected to continue due to reconsolidation.

The index has already managed to break out of the sideways movement and continue its rise.

 

S&P 500

The S&P 500 opened up 0.23%.

The index continued its upward trend, reaching 6,267.

The index is also moving in a weak sideways trend on the daily chart.

Signs of a weak upward trend are beginning to appear on the index.

We may see some pullbacks before the upward trend continues.

 

To learn about the best buy and sell zones for the indices,

You can watch the weekly analysis video on the OLX Forex website.

You can do so by clicking the following link:

Here