A slight rise in Wall Street indices today, Wednesday, at the start of trading.
US indices opened Wednesday with a slight rise.
The opening was as follows:
Dow Jones:
The Dow Jones opened with a 0.06% rise.
The index rose today to reach the 43064 level.
The index is still trading sideways.
The index rose today with negative news for the US dollar.
However, the index was unable to break through the current supply zones.
It is best to monitor the index and enter it if sell signals appear.
Nasdaq:
The Nasdaq opened with a 0.25% rise.
The index continued its rise to reach the 22077 level.
The index is still trading within the supply zones it previously
declined from and has not been able to break through.
Despite the negative data for the US dollar that pushed the index higher,
there are some negative signals for the index that could push it down.
Therefore, please be cautious about buying the index at this time.
Buying should only be considered if the zones are breached and the close is above them.
S&P 500:
The S&P 500 opened up 0.19%.
The index continued its upward climb to reach 6072.
The index has already reached the supply zones today,
which were previously warned about. Therefore, please be cautious about buying the index.
If strong sell signals appear, you can sell afterward.
To learn about the best buying and selling zones for US indices,
you can do so through the weekly analysis video on the OLX Forex website,
via the following link:
