US indices open their trading for Tuesday on a divergence

Dow Jones falls alone among Wall Street indices on Tuesday

 

US Wall Street indices opened Tuesday with mixed results, with the Dow Jones being the only US indices down.

The opening bell on Tuesday was as follows:

 

Dow Jones

The Dow Jones opened down 0.09%.

The index fell to 44,279.

This decline is a result of reaching supply zones,

which were previously warned about, and further declines are expected.

 

Nasdaq

The Nasdaq opened up 0.21%.

The index continued its upward climb to 22,793.

It is likely that we will see a correction in the index before it returns to the uptrend.

 

S&P 500

The S&P 500 opened up 0.04%.

The index continued its upward climb to reach the 6,250 level.

We are also likely to see some pullbacks before the index rebounds.

 

To learn about the best buy and sell zones for the indices,

You can watch the weekly analysis video on the OLX Forex website.

Click here.