Wall Street indices stabilize at the start of Wednesday's trading
US indices opened Wednesday's trading
with a very slight collective rise, as markets await news of the interest rate
on the US dollar, which is expected to be held steady today.
The opening was as follows
Dow Jones
The Dow Jones opened trading with a 0.07% rise.
The index continued its climb to reach 44,707.
The Dow is still moving in a sideways direction within daily supply zones.
Therefore, be cautious about buying at this time.
Nasdaq
The Nasdaq opened with a 0.10% rise.
The index continued its climb to reach 23,404.
The index is still moving in a general upward trend.
The rise is expected to continue after the current correction wave ends.
Therefore, it is preferable to wait for the index to reach buying zones
and then look for an opportunity to enter the index.
S&P 500
The S&P 500 opened slightly lower, down 0.08%.
The index continued its upward trend, reaching 6,393.
The index is also moving in a sideways direction, with new signs of reconsolidation emerging.
Therefore, the index is expected to continue its upward trend.
To learn about the best buying and selling areas for indices, please watch the video
Weekly Analysis from OLX Forex
through the following link...
