US indices open mixed on Wednesday

US indices opened trading on Wednesday with very weak movements, with the Dow Jones Industrial Average being the only Wall Street indice to rise.

Indice Movement

The movements of the US indices were as follows:

The Dow Jones opened up by 0.45%, but continued its decline to reach $49,796.

The index has already reached strong selling levels, as previously warned. We may see some corrective declines if any selling signals emerge.

The Nasdaq opened down by 0.32%, and continued its decline today to reach $28,947.

The index managed to break through the selling levels and continue its decline. So far, the movement is positive, so it is not advisable to look for any selling opportunities.

The S&P 500 opened down 0.04%, continuing its decline to levels around $7375.

The index broke through selling pressure and established strong buying pressure, and the overall trend remains positive, with further upward movement expected in the long term.