Wall Street indices saw a collective rise on Wednesday.
US indices opened higher on Wednesday, with..
Dow Jones:
The Dow Jones opened up 0.11%.
The index rose to 42,668.
The index is currently trading sideways on the hourly chart.
The index is more inclined to decline at the moment, so selling is recommended.
Nasdaq:
The Nasdaq opened up 0.13%.
The index continued its upward climb to 21,760.
The index is still trading sideways on the 4-hour chart.
This is after bouncing back from the daily supply zones, which we previously warned about.
It is still likely to sell the index if it rises back to supply zones.
S&P 500:
The S&P 500 opened up 0.16%.
The index continued its upward trend, reaching 5,990.
The index is still moving in an uptrend and is expected to continue rising.
Therefore, it is also recommended to look for buying opportunities in the event of any correction.
To learn the best buying and selling areas, you can watch
the weekly analysis video provided by OLX Forex via the following link:
