Strong Rise for US Indices at the Start of the Week
US indices opened strongly on Monday, with the Nasdaq leading the gains among Wall Street indices.
Indice Movement
The movements of the US indices were as follows:
The Dow Jones opened 1.24% higher and continued its upward trend, reaching $51,871.
The index has already reached strong selling levels, as previously indicated. We may see some corrective pullbacks if any selling signals emerge.
The Nasdaq opened 2.48% higher and continued its upward movement, reaching $30,476.
The index managed to break through the selling levels and continue its downward trend. So far, the movement is positive, so it is not advisable to look for any selling opportunities.
The S&P 500 opened 1.49% higher, continuing its upward trend to reach $7,554.
The index broke through selling pressure and established strong buying levels. The index's movement remains positive, and further gains are expected in the long term.
