US indices open higher on Wednesday.
Wall Street indices continued their upward trend,
especially after the cessation of hostilities between Iran and Israel.
US indices opened with a collective rise on Wednesday.
The opening was as follows:
Dow Jones:
The Dow Jones opened up 0.01%.
The index rose to 43,143.
The index was able to break through the recent supply zones,
and form new demand zones that are expected to be tested and return to the upside.
Nasdaq:
The Nasdaq opened up 0.48%.
The index rose to 22,353.
The index was able to break through the recent supply zones,
and form strong new demand zones, opening the door
for new buying in the event of a correction to the recent demand zones.
S&P 500:
The S&P 500 opened up 0.23%.
The index continued its upward trend, reaching the 6113 level.
The index is still trading within its previous supply zones.
We may see a potential breakout of the current zones.
However, if it returns and closes below the zones with sell signals,
we may have a good selling opportunity.
To learn about the best buying and selling zones for the indices,
Please watch the weekly analysis video on the OLX Forex website.
You can access it via the following link:
