Stock index DAX 30 is trading at 12819.8. DAX 30 is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in the index DAX 30. A test of the signal line area near the level of 12720.0 is expected, from which it is expected to try to increase quotations of the stock index and develop a bullish trend near the level of 13010.0.
DAX 30 forecast & analysis on June 5, 2017
Earlier, we received a weak signal for buying of the exchange index DAX 30, due to crossing of the signal lines at the level of 12620.0. Cancellation of the variant of growth of quotations of the stock index will be the breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations below the area of 12540.0, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations of the stock index DAX 30 stands with the breakdown of the local maximum area at the level of 12940.0.
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