US indices remain unchanged amid investor expectations.
US indices opened with very weak movements.
Investors are anticipating tensions in Iran and Israel,
fearing further escalation, especially after the recent US intervention.
The opening was as follows:
Dow Jones:
The Dow Jones opened down 0.10%.
The index fell to 42,134.
The index is still moving in a sideways direction.
Please exercise caution due to the current situation.
Entry is preferable after any confirmatory behavior.
Nasdaq:
The index opened up 0.01%.
The index continued its upward trend to reach 21,744.
The index is also still moving in a sideways direction.
This is after reaching daily supply zones from which selling
was previously warned. We may now see another decline in the index.
Therefore, it is preferable to enter a sell position if any strong selling patterns appear.
S&P 500:
The S&P 500 opened down 0.03%.
The index continued its decline, reaching 5,966.
The index remains in a general uptrend.
The index rebounded from daily supply zones and may have corrected.
We expect to see another rise in the index soon.
To learn about the best buy and sell zones for the indices,
Please watch the weekly analysis video on the OLX Forex website.
