Wall Street indices rally at the start of trading
US indices opened Thursday with a rally.
The opening was as follows:
Dow Jones
The Dow Jones opened with a 0.17% gain.
The index rose to 44,640.
The index has now returned to the supply zones from which it had previously declined.
These are currently the most important selling zones for the index.
We may see some corrective declines in the index if negative signals appear.
However, if these zones are breached, the upward trend is expected to continue.
Nasdaq
The Nasdaq opened with a 0.52% gain.
The index continued its upward trend, reaching 22,794.
Currently, we are expected to see some corrections in the index.
However, in the event of a decline, it is preferable to consider buying,
because the index is still in a strong general upward trend.
S&P 500
The S&P 500 opened up 0.36%.
The index continued its decline, climbing to 6,260.
It is recommended to focus on buying if there is any correction in the index.
Please be careful about selling, as there are currently no overbought areas.
To learn the best entry points for the indices, you can watch the
Weekly Analysis Video on the OLX Forex website
through the following link...
