Stock index DAX 30 completes the trading week at the level of 12642.5. DAX 30 continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates that there is an bullish trend in the DAX 30. A test of the signal line area near the level of 12400.0 is expected, from which one can expect an attempt to grow and develop the bullish trend of the Stock index DAX 30 with the target at level 13115.0.
DAX 30 weekly forecast on May 22 — 26, 2017
Earlier, a strong signal was received for the buy of the Stock index DAX 30, due to crossing of the signal lines at the level of 12144.0. The cancellation of the growth option will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the area of 12100.0, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations of the exchange index DAX 30 stands with the breakdown of the local maximum area at the level of 13000.0.
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