The Stock index DAX 30 is trading at the level of 12068.3. DAX 30 is trading above the upper limit of the Ishimoku Cloud, indicating an upward trend in the DAX 30. A test is expected for the upper boundary of the Ishimoku Cloud near the level of 12020.0, from which one should expect an attempt to grow and develop the bullish trend at the DAX 30 Stock Index with the aim of increasing the level of 12150.0. Earlier, a weak signal was received for the purchase of the DAX 30 Stock Index, due to crossing of the signal lines at the level of 11970.0.
Ichimoku Forecast DAX 30 on March 29, 2017
Cancellation of the growth option will be a breakdown of the lower boundary of the Ichimoku Cloud with the closing of quotations below the area of 11950.0, 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 12090.0.
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