Wall Street indices open higher on Wednesday.
US indices opened Tuesday with a slight rise.
As markets await today's Federal Reserve data
and Jerome Powell's speech.
The opening data is as follows:
Dow Jones:
The Dow Jones opened with a slight rise of 0.01%.
The index continued its upward movement, reaching 42,363.
The index has declined so far due to reaching daily supply zones.
The index is still moving in a generally sideways direction.
It is best not to trade today until the US dollar news is over.
Nasdaq:
The Nasdaq opened with a slight rise of 0.14%.
The index continued its upward movement, reaching 21,854.
The index remains anchored in supply zones, where a sell warning was previously issued.
However, it is best not to enter and wait for the news to end.
S&P 500:
The S&P 500 opened up 0.05%.
The index continued its upward climb, reaching the 6012 level.
The index is also still trading in daily sell zones.
So far, the movement is negative, and we may see further declines in the index.
To learn about the best buy and sell zones for US indices,
you can do so through the weekly analysis video on the OLX Forex website,
via the following link:
