A temporary correction in Wall Street indices at the start of trading

US indices opened lower on Wednesday, with the Nasdaq leading the decline among Wall Street indices.

Indice Movement

The movements of the US indices were as follows:

The Dow Jones opened down 0.78% and continued its decline, reaching levels of $50,252.

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 down 1.77% and continued its decline today, reaching levels of $28,570.

The index managed to break through the selling levels and continue its decline. So far, the movement is positive, so it is not advisable to look for any selling opportunities.

The S&P 500 opened down 0.93%, continuing its decline to levels around $7295.

The index broke through selling pressure and established strong buying pressure, and the overall trend remains positive, with further upward movement expected in the long term.