Wall Street indices fell at the start of trading on Tuesday.
US indices on Wall Street opened lower on Tuesday, with…
Dow Jones:
The Dow Jones index fell 0.01%.
The index reached a low of 42,688.
The index broke through supply zones and is currently trading in a narrow range.
The upward trend is expected to continue if it breaks and closes above 42,900.
Nasdaq:
The Nasdaq index fell 0.46%.
The index fell to 21,325.
The index remains in an overall uptrend, but is currently
trading in a narrow range on the lower timeframes.
With a clear weakness in the upward trend, we may see some corrections soon.
In the event of a true decline, it is best to look for buying only.
S&P 500:
The S&P 500 index fell by 0.28%.
The index fell to 5,938.
The index remains in a strong uptrend overall.
However, we may see some corrections soon on the daily frame.
If the decline is already occurring, it is preferable to look for buying opportunities.
However, if the upward trend continues, selling can be done from the supply zones above,
which are located near the 6,070 level.
For more details on buying and selling zones, you can watch the weekly analysis video
for the indicators on the OLX Forex website.
