The stock index DAX 30 is trading at the level of 12076.1. DAX 30 continues to trade below the lower boundary of the Ichimoku Cloud, which indicates a downward trend in the DAX 30. A test is expected for the lower boundary of the Ichimoku Cloud near the level of 12131.0, from which one should expect an attempt to fall and develop a bearish trend at the DAX 30 Stock Index with the aim of falling to the level of 11940.0 .
Ichimoku Kinko Hyo DAX 30 forecast on April 24, 2017
Earlier, a strong signal was received for the sales of the DAX 30 Stock Index, due to crossing of the signal lines at the level of 12162.0. Cancellation of the fall option will be a breakdown of the upper boundary of the Ichimoku Cloud with the closing of quotations above the area of 12180.0, 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 the breakdown of the local minimum area at the level of 12000.0.
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