Wall Street indices fell collectively at the start of trading on Monday.
US Wall Street indices opened lower on Monday, with...
Dow Jones:
The Dow Jones index fell 0.72%.
The index reached a low of 42,255.
This comes after a decline of nearly 400 points after reaching supply zones.
We may see further declines in the index in the coming period.
If the current supply zones are not breached.
Nasdaq:
The Nasdaq index fell 1.32%.
The index fell to 21,044.
The index remains in a strong uptrend overall.
However, we may see some corrections soon on the daily frame.
In the event of a true decline, it is best to look for buying only.
S&P 500:
The S&P 500 index fell by 1.04%.
The index fell to 5,877.
The index remains in a strong uptrend overall.
However, we may see some corrections soon on the daily frame.
If the decline is already occurring, it is preferable to look for buying opportunities.
However, if the upward trend continues, selling can be done from the supply zones above,
which are located near the 6,070 level.
For more details on buying and selling zones, you can watch the weekly analysis video
for the indicators on the OLX Forex website.
