The stock index DAX 30 is trading at the level of 12016.1. The DAX 30 is trading below the lower boundary of the Iсhimoku Cloud, indicating a downward trend in the DAX 30. A test of the signal line area near the level of 12080.0 is expected, from which it is expected to try to fall and develop a bearish trend at the DAX 30 Stock Index with the aim of falling to the level of 11860.0.
Ichimoku Kinko Hyo DAX 30 forecast on April 21, 2017
Previously, a strong signal was obtained for the sales of the DAX 30 Stock Index, due to the intersection of the signal lines at the level of 12162.0. The cancellation of the fall option will be a breakdown of the upper boundary of the Iсhimoku Cloud with the closing of quotations above the area of 12195.0, which will indicate a change in the downward trend in favor of the ascending trend. Expect to accelerate the fall in quotations of the Stock Exchange Index DAX 30, with a breakdown of the local minimum area at the level of 11940.0.
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