US indices open higher on Monday
US indices opened strongly higher on Monday, with the Nasdaq leading the gains among Wall Street indices.
Indices' movements
The US indices moved as follows:
The Dow Jones opened 0.57% higher and continued its upward trend, reaching $52,279.
The index has already reached strong selling pressure, as previously indicated. We may see some corrective pullbacks if any selling signals emerge.
The Nasdaq opened 1.16% higher and continued its upward movement, reaching $29,540.
The index managed to break through the selling pressure and continue its downward trend. So far, the movement is positive, so it is not advisable to look for any selling opportunities.
The S&P 500 opened 0.82% higher, continuing its upward trend to reach $7423.
The index broke through selling pressure and established strong buying levels. The index's movement remains positive, and further gains are expected in the long term.
