US indices open their weekly trading on a divergence

Wall Street indices open mixed on Monday.


US indices opened mixed on Monday.

The Nasdaq was the only Wall Street indices to rise.

The opening was as follows:


Dow Jones:

The Dow Jones opened down 0.23%.

The index fell to 42,659.

The index is still trading sideways.

It is still trading within the daily supply zones we discussed earlier.


Nasdaq:

The Nasdaq opened up 0.03%.

The index continued its upward climb to 21,801.

The index is also trading sideways after climbing to the daily supply zones we previously noted.

You can consider selling the index now, and it is preferable to enter the sale after

any strong sell signals appear on lower time frames, such as the 4-hour time frame.


S&P 500:

The S&P 500 opened down 0.05%.

The index continued its upward trend, reaching 5,989.

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 about the best buying and selling areas for US indices,

You can do so through the weekly analysis video on the OLX Forex website,

 via the following link:

Here