Stock index DAX 30 is trading at the level of 12736.8. DAX 30 is trading above the upper bounds of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the DAX 30. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the 12730.0 level, from which it is expected to try to increase the stock index’s quotes and develop a bullish trend for growth near the level 13030.0.
DAX 30 forecast & signals on June 22, 2017
Earlier, a strong signal was obtained for the buying of the DAX 30 exchange index, due to the crossing of the signal lines at the level of 12770.0. The cancellation of the 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 12640.0, 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 12980.0.
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