Nasdaq Index Declines at Opening
US indices opened mixed on Tuesday, with the Nasdaq being the only index to decline.
Indices' Movement
The movements of the US indices were as follows:
The Dow Jones opened 0.54% higher and continued its upward trend, reaching $52,095.
The index has already reached strong selling pressure, as previously indicated. We may see some corrective declines if any selling signals emerge.
The Nasdaq opened 0.28% higher and continued its upward movement, reaching $30,427.
The index managed to break through the selling pressure 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 0.01% higher, continuing its upward trend to reach $7,565.
The index broke through selling pressure and established strong buying levels. The index's movement remains positive, and further gains are expected in the long term.
