Stock index DAX 30 completes the trading week at 12816.6. DAX 30 continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in the DAX 30. A test of the signal line area near the level of 12655.0 is expected, from which one can expect an attempt to grow and develop a bullish trend in the Stock index DAX 30, 13190.0.
DAX 30 weekly forecast June 5 — 9, 2017
Previously, a strong signal was obtained for the DAX 30 exchange index buying, due to the crossing of the signal lines at the level of 12610.0. 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 12210.0, 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 exchange index stands with the breakdown of the local maximum area at the level of 13050.0.
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