US indices rise at the start of trading on Monday.
US indices opened Monday with a collective rise.
The opening was as follows:
Dow Jones:
The Dow Jones opened with a 0.49% gain.
The index rose to 44,120.
After breaching previous resistance levels, the index is expected to continue rising in the long term.
Therefore, it is best to look for buying opportunities in case of a correction.
Nasdaq:
The Nasdaq opened with a 0.52% gain.
The index continued its rise to 22,723.
The index is expected to continue rising.
Therefore, the current thinking is to buy only in case of a correction.
S&P 500:
The S&P 500 opened up 0.35%.
The index reached the 6209 level.
The index also breached previous resistance areas,
from which it had previously rebounded, to return to a strong uptrend.
Like other Wall Street indices, the focus will be on buying.
It is better with any corrections in the index.
To learn about the best entry points for indices, you can watch the
Weekly Analysis Video on the OLX Forex website
through the following link...
