Stock index DAX 30 completes the trading week at the level of 12728.7. DAX 30 is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an upward trend in the DAX 30. A test of the signal line area near the level of 12325.0 is expected, from which it is expected to try to grow and develop the bullish trend of the DAX 30 Stock Index for growth near the level 13070.0.
DAX 30 forecast for the week May 15 — 19, 2017
Previously, a strong signal was obtained for the purchases of the DAX 30 Stock Index, due to crossing of the signal lines at the level of 12144.0. Cancellation of the growth option will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the area of 12020.0, which will indicate a change in the upward trend in favor of a downward trend. Expect to accelerate the growth of quotations of the Stock Exchange Index DAX 30, with the breakdown of the local maximum area at 12920.0.
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