Mass rise of US indices on Wednesday

Wall Street indices return to collective gains again

 

US indices opened Wednesday with a collective gain.

The opening was as follows

 

Dow Jones

The Dow Jones opened with a 0.49% gain.

The index continued its upward movement, reaching 44,789.

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

Therefore, be cautious about buying at this time.

 

Nasdaq

The Nasdaq opened with a 0.13% decline.

The index continued its decline, reaching 23,145.

The index is still moving in a general upward trend.

The rise is expected to continue after the current correction wave ends.

Therefore, it is preferable to wait for the index to reach buying zones 

and then look for an opportunity to enter the index.

 

S&P 500

The S&P 500 opened slightly lower, down 0.36%.

The index continued its decline, reaching 6,347.

The index is also moving in a sideways direction, with new signs emerging

of reconsolidation, so the index is expected to continue rising.

 

To learn about the best buying and selling areas for indices, please watch the video

Weekly Analysis from OLX Forex

through the following link...

Here