The stock index DAX 30 is trading at the level of 12435.7. DAX 30 continues to trade above the upper limit of the Ishimoku Cloud, indicating an upward trend in the DAX 30. A test of the upper limit of the Ichimoku Cloud near the level of 12340.0 is expected, from which one should expect an attempt to grow and develop the bullish trend of the DAX 30 Stock Index for growth to 12575.0 level.
Ichimoku Kinko Hyo DAX 30 forecast on May 1, 2017
Earlier, a weak signal was received for the purchases of the DAX 30 Stock Index, due to the intersection of the signal lines at the level of 12099.0. The cancellation of the growth option will be a breakdown of the lower boundary of the Ichimoku Cloud with the closing of quotes below the area of 12170.0, which will indicate a shift in the upward trend in favor of a downward trend. Expect to accelerate the growth of quotations of the Stock Exchange Index DAX 30 is with the breakdown of the local maximum area at the level of 12490.0.
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