Mass fall of Wall Street indices at the beginning of the week

US Indices Decline at the Start of Monday's Trading

 

US indices opened their weekly trading on Monday with a decline.

Wall Street indices opened with a collective decline.

The opening was as follows

 

Dow Jones

The Dow Jones opened with a decline of 0.27%.

The index continued its decline to reach 44,094.

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 decline of 0.05%.

The index continued its decline to reach 22,644.

The index is still moving in a general upward trend.

Reconsolidation signals are beginning to appear.

Therefore, we expect to see continued upward movement in the long term.

 

S&P 500

The S&P 500 opened down 0.14%.

The index continued its decline, reaching 6,224.

The index is also moving in a general uptrend.

Signs of weakness are beginning to appear on the index.

We may see some pullbacks before continuing the upward trend.

 

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