Wall Street Indices Rise Collectively at the Open
US indices opened trading on Tuesday with weak, downward movements, with the Nasdaq leading the gains among Wall Street indices.
Indice Movement
The movements of the US indices were as follows:
The Dow Jones opened 0.37% higher, but continued its decline, reaching levels of $49,204.
The index has already reached strong selling levels, as previously indicated. We may see some corrective declines if any selling signals emerge.
The Nasdaq opened 0.02% higher, but continued its decline today, reaching levels of $27,968.
The index managed to break through the selling levels and continue its downward trend. So far, the movement is positive, so it is not advisable to look for any selling opportunities.
The S&P 500 opened 0.17% higher, but the US index continued its decline, reaching levels around $7247.
The index broke through selling pressure and established strong buying pressure, and the overall trend remains positive, with continued upward movement expected in the long term.
