US indices witness a return to the upward trend
US indices opened their weekly trading on Tuesday with a rise.
Wall Street indices opened with a collective rise.
The opening was as follows
Dow Jones
The Dow Jones opened with a slight rise of 0.01%.
The index continued its upward movement to reach 44,601.
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 rise of 0.78%.
The index continued its upward movement to reach 23,064.
The index is still moving in a general upward trend.
The upward trend is expected to continue due to reconsolidation.
The index has already managed to break out of the sideways movement
and continue its upward movement.
S&P 500
The S&P 500 opened up 0.49%.
The index continued its upward trend, reaching 6,307.
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 the upward trend resumes.
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:
