Wall Street indices fell at the start of trading on Wednesday.

US Wall Street indices opened lower on Wednesday, with...

Dow Jones:

The Dow Jones Index fell 0.76%.

The index reached a low of 42,241.

The index reached a buy zone on the hourly chart.

This was after breaching daily supply levels, from which it rose approximately 120 points.

If the index closes above the 42,500 level on the hourly chart,

it is expected to continue rising and test the previous highs near the 42,800 level.

NASDAQ:

The NASDAQ fell by 0.56%.

The index fell to 21,166.

The index remains in an overall uptrend, but is currently trading

 in a narrow range on the lower timeframes.

Signs of a consolidation process have begun to appear,

and if the consolidation process is successful, we are expected to see the index rise again.

If the consolidation process is successful, we are expected to see the index rise again.

If the index breaks and closes above 21,500,

the index is expected to continue rising, as expected.

S&P 500:

The S&P 500 fell by 0.55%.

The index fell to 5,892.

The index remains in a generally strong uptrend.

The movement is unclear, but it is currently trending upward. However,

 if the rise continues, selling can be done from the supply areas above,

which are located near 6,070.