Strong rise of the Nasdaq index at the beginning of trading on Thursday

US Indices Open with Collective Rise

 

US indices opened Wednesday with collective rises, with the Nasdaq leading the way.

At the start of trading on Thursday, the opening was as follows

 

Dow Jones

The Dow Jones opened with a 0.20% rise.

The index continued its climb to reach 44,694.

The Dow is still moving in a sideways direction within daily supply zones.

Therefore, be cautious about buying at this time.


Nasdaq

The Nasdaq opened with a 1.04% rise.

The index continued its climb to reach 23,728.

The index is still moving in a general upward trend.

The rise is expected to continue after the current correction wave ends.

Therefore, it is preferable to wait for the index to reach buying zones 

and then look for an opportunity to enter the index.

 

S&P 500

The S&P 500 opened slightly lower, down 0.81%.

The index continued its upward trend, reaching 6,439.

The index is also moving in a sideways direction,

 with new signs of reconsolidation emerging. 

Therefore, the index is expected to continue its upward trend.