US indices rebound on Monday.
US indices opened higher on Monday.
The opening was as follows:
Dow Jones:
The Dow Jones opened with a 0.47% gain.
The index reached 42,490 today.
The index declined due to reaching daily supply zones.
The index is still expected to decline in the coming period,
so it is recommended to look for selling opportunities.
Nasdaq:
The Nasdaq opened with a 0.77% gain.
The index continued its upward climb to reach 21,883.
The index rebounded again from supply zones,
which had previously been warned of a selling opportunity on the daily frame.
Expectations continue to indicate a continued decline
provided trading remains below supply zones.
S&P 500:
The S&P 500 opened up 0.58%.
The index continued its decline, reaching 6027.
The index rebounded from previously identified selling zones on the daily frame.
A decline is expected in the coming period, so it is recommended to look for selling operations.
Be cautious about buying at this time.
To learn about the best buying and selling zones for US indices,
You can do so through the weekly analysis video on the OLX Forex website, via the following link:
