US Indices Decline Sharply at the End of the Week
US indices opened Friday with a sharp decline,
with the opening as follow
Dow Jones
The Dow Jones opened with a 1.16% decline.
The index continued its decline, reaching 43,318.
The Dow fell as a result of reaching supply zones,
which had been previously warned about, and a focus on selling.
Nasdaq
The Nasdaq opened with a 1.44% decline.
The index continued its upward trend, reaching 22,684.
The index is still moving in an upward trend.
We are expected to see the Nasdaq rise again,
after the current correction ends.
S&P 500
The S&P 500 opened slightly lower, down 1.23%.
The index continued its decline, reaching 6,216.
We are expected to see a continued decline now that the stock
has been in a strong overbought zone.
We may see a return to the upside after the current correction wave ends.
