Strong fall of Wall Street indices at the beginning of trading on Friday

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.