The stock index DAX 30 is trading at the level of 12683.9. DAX 30 is trading above the upper limit of the Ichimoku Cloud, indicating an upward trend in the DAX 30. A test of the signal line area near the level of 12610.0 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 of 12860.0.
Ichimoku Kinko Hyo DAX 30 Forecast on May 9, 2017
Previously, a strong signal was obtained for the purchases of the DAX 30 Stock Index, due to the intersection of the signal lines at the level of 12457.0. The cancellation of the growth option will be the breakdown of the lower boundary of the Ichimoku Cloud with the closing of quotations below the area of 12430.0, 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, with the breakdown of the local maximum area at the level of 12790.0.
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