Wall Street indices open Tuesday with declines.
US Wall Street indices opened Tuesday with declines.
The opening was as follows:
Dow Jones:
The Dow Jones opened with a 0.40% decline.
The index continued its decline, reaching 42,181.
The index has so far declined due to reaching daily supply zones.
The index is moving sideways on the hourly and four-hour timeframes.
If it rises again, it is expected to fall again.
Therefore, it is recommended to look for selling operations as long as the zone is not breached.
Nasdaq:
The Nasdaq opened with a 0.33% decline.
The index continued its decline, reaching 21,784.
The index remains anchored in the supply zones, from which selling was previously warned.
A decline is expected as long as the zone is not breached.
S&P 500:
The S&P 500 opened down 0.34%.
The index continued its decline, reaching 5,995.
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:
