The stock index DAX 30 is trading at the level of 12749.4. DAX 30 continues to trade above the upper limit of the Ichimoku Cloud, which indicates an upward trend in the DAX 30. A test of the signal line area near the level of 12665.0 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 12890.0.
Ichimoku Kinko Hyo Forecast DAX 30 on May 10, 2017
Previously, a strong signal was obtained for the DAX 30 exchange index purchases, due to intersection of the signal lines at the level of 12457.0. The cancellation of the variant of the growth of quotations of the stock index will be the breakdown of the lower boundary of the Ichimoku Cloud with the closing of quotations below the area of 12410.0, which will indicate a shift in the upward trend in favor of the downward trend. Expect to accelerate the growth of quotations of the stock exchange index DAX 30 stands with the breakdown of the local maximum area at the level of 12800.0.
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